Addressing the Costs of Prescription Drugs for Medicare Beneficiaries

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The substantial cost of prescription drugs shouldered by Medicare beneficiaries is the subject of renewed national attention. Through analysis of the Medicare Current Beneficiary Survey, this project will produce much-needed data on the current extent of insurance coverage for prescription drugs, the magnitude of individual out-of-pocket expenses, and trends in spending and coverage in recent years. After identifying options for a potential Medicare drug benefit, project staff will assess the relative impact of each on beneficiaries and the Medicare program itself.

Grant Details

Grantee Organization:
University of Maryland
Principal Investigator:
Bruce Stuart, Ph.D.
Award Amount:
$166,462.00
Approval Date:
April 13, 1999

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