Evaluation of Medicare Part D Late Enrollment Penalty Demonstration for Low-Income Subsidy Applicants and Residents Affected by Hurricane Katrina
Boyd Gilman and
Candace Natoli
Mathematica Policy Research Reports from Mathematica Policy Research
Abstract:
This report presents findings from the Medicare Part D late enrollment penalty demonstration, which encouraged enrollment in Part D among low-income beneficiaries by eliminating the penalty for certain Medicare beneficiaries in the low-income subsidy program and those living in areas affected by Hurricane Katrina. The demonstration benefitted a small but significant number of low-income Medicare Part D beneficiaries who might not have joined the program if they had been required to pay a late fee. The increased federal costs of prescription drugs among beneficiaries induced to enroll because of the demonstration waiver were offset by a reduction in medical services among the elderly.
Keywords: Medicare Part D Low-Income Subsidy expenditures; offset analysis hurricane Katrina (search for similar items in EconPapers)
Pages: 109
Date: 2010-09-30
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