CMS: Beneficiaries To Pay Slightly More for Rx Drugs

CMS officials have announced that beneficiaries of the Medicare Part D prescription drug benefit program will pay an average monthly premium of $30 in 2011, up from $29 in 2010. Officials said premiums will rise by only $1 because cost increases were offset by more frequent use of generic medications. The estimate does not represent 2011's base premium of $32.34 but instead assumes that some Part D beneficiaries will switch to less costly plans next year.

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