Projected Part D cost growth means tough choices ahead for Medicare
What's $32 billion among friends? What about $797 billion? That's how much the federal government shelled out for the (still) new prescription drug benefit under Medicare in 2006, and how much it's expected to shell out in total by 2015, according to a recent study. Does projected growth in Medicare Part D mean that hospitals and physician groups might have to swallow bitter pills on reimbursement in coming years?