Large Majorities Say Their Plan Is a Good Value, Feel Consumer Choice is Important Feature of Part D
WASHINGTON – Medicare Part D prescription drug coverage continues to enjoy overwhelming approval among the nation’s seniors, according to a nationwide survey released today by Medicare Today. Eighty-nine percent of Americans age 65 and older are satisfied with their coverage and 85 percent say that they consider their Medicare drug plan to be a good value.
The survey of approximately 2,000 seniors – conducted by Morning Consult on behalf of the nonpartisan Medicare Today alliance – also found 80 percent of seniors said their total out-of-pocket costs are reasonable.
Prior to the announcement of the survey results, the Centers for Medicare & Medicaid Services announced that average Medicare Part D monthly premiums will remain stable at $32.50 in 2016. Premiums have remained at approximately this level since 2011, another indication of program success. More Details »