Evaluation of the Effect of Medicare Drug Policy Decisions on Vulnerable Seniors

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Whatever the outcome of Medicare prescription drug legislation in Congress, policymakers will want to know what the impact of the proposed benefit will be, particularly with respect to the poorest and sickest beneficiaries, as well as the pros and cons of alternative benefit designs. For this project, Bruce Stuart and colleagues at the University of Maryland School of Pharmacy will update their benefit impact simulation model and develop quick-response analyses as policy questions arise. They also will explore the role of improved drug formulary management in lowering costs and improving outcomes and examine the experiences of long-term care residents. The project team will assess the possible impact of alternative benefit designs on use and on out-of-pocket expenses, as well as the likely impact on vulnerable beneficiaries.

Grant Details

Grantee Organization:
University of Maryland
Principal Investigator:
Bruce Stuart, Ph.D.
Award Amount:
$278,757.00
Approval Date:
November 11, 2003

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