HHS announces Medicare prescription drug premiums to remain steady
Posted on August 7, 2012 | No Comments
Health and Human Services (HHS) Secretary Kathleen Sebelius announced that the average basic premiums for Medicare prescription drug plans are projected to remain constant in 2013. The average 2013 monthly premium for basic prescription drug coverage is expected to be $30. Average premiums for 2012 were projected to be $30 and ultimately averaged $29.67. At the same time, since the law was enacted, seniors and people with disabilities have saved $3.9 billion on prescription drugs as the Affordable Care Act (ACA) began closing the “donut hole” coverage gap.