Addressing the Costs of Prescription Drugs for Medicare Beneficiaries


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:
Approval Date:
April 13, 1999

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