2008 Part D premiums change
Contemporary Long-Term Care Weekly, September 20, 2007
The actual average premium that Medicare beneficiaries pay for standard Part D coverage in 2008 will be about $25, advised CMS in a press release. "This is nearly 40% lower than originally projected when the benefit was established in 2003, and also lower than projected earlier this year. While the average expected premium for basic coverage in 2008 is higher than the actual average for 2007 (about $22), this is due primarily to technical adjustments required by law, rather than increased bids." For more information, access the CMS fact sheet at http://www.cms.hhs.gov/apps/files/FactSheetPartDBenchmark.pdf.
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