2013 Premiums Are 48 Percent Below CBO’s Initial Estimate
by Christina
Sochacki R.N., J.D.
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Washington, D.C., August 8, 2012 – Secretary Sibelius reported Monday that, for the third consecutive year, average basic premiums for Medicare prescription drug plans are projected to remain constant.[1] According to calculations by the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary, the average 2013 monthly premium for basic prescription drug coverage is expected to be $30 - 50 percent less than originally projected in 2004.