The Medicare Modernization Act established a defined standard drug benefit for
Part D stand-alone Prescription Drug Plans (PDPs) and Medicare Advantage
Prescription Drug (MA-PD) plans, while giving plans flexibility to offer
alternative benefit designs. Only about one in 10 PDPs offer the standard
benefit in 2010. Plan sponsors can offer alternative benefit designs that are,
at a minimum, actuarially equivalent to the defined standard and can also offer
enhanced benefits. This spotlight examines the benefit designs of Medicare
stand-alone PDPs in 2010.
The spotlight is one in a series analyzing
key aspects of the Medicare Part D drug plans that will be available to
beneficiaries in 2010. These spotlights were prepared by a team of researchers
at Georgetown University, NORC and the Kaiser Family Foundation.
Data Spotlight (.pdf)