Study: Medicare drug plan saves hospital costs
July 25th, 2011 by Charlie Belmore | Tags: Drug Plan, Hospital
A new study suggests that Medicare’s 5-year-old prescription drug plan is keeping seniors out of hospitals and nursing homes, saving the federal program an estimated $12 billion a year in those costs. The savings only offset a portion of the $55 billion a year the government spends on Medicare Part D, as the drug plan [...]