A closer look at the Medicare part D low-income benchmark premium: how low can it go?
This issue brief explains how the Medicare Part D low income benchmark premium is calculated, what factors influence the level of the low-income benchmark premium in any given year, and the implications of the benchmark amount for Medicare drug plans and beneficiaries as it changes from year to year. The paper provides a simplified, two-year example of how the low-income benchmark premium is calculated in order to illustrate the key factors that influence it.
Stahlman
Mary Ellen
ME
D019985:Benchmarking / Q000191:economics*; D006801:Humans; D007182:Income; D019458:Insurance Coverage / Q000706:statistics & numerical data; D007349:Insurance, Health, Reimbursement / Q000191:economics*; D007356:Insurance, Pharmaceutical Services / Q000191:economics*; D006278:Medicare / Q000191:economics*; D011203:Poverty; D014481:United States