If you know one of the the 39 million seniors enrolled in Medicare Part D, this statement from Sharon, a beneficiary in Washington, may sound familiar to you: "Without Medicare Part D, I would not be able to afford medications that help me live a healthy and productive life." By making medicines more affordable for our nation's seniors, Part D has shown Americans what a truly patient-centered public policy looks like.
Nearly 7 in 10 Part D beneficiaries say they would be unable able to pay for their medications without their Part D coverage, which reduced beneficiaries' out-of-pocket medicine costs by an average of $30 a month. With money-saving benefits like this, it's no surprise that nearly 90% of beneficiaries say they're happy with their coverage.
But the benefits of Part D stretch further than the financial savings the program provides. Part D enables seniors to stay healthier, longer. In fact, a recent study from Johns Hopkins found that hospital admissions for beneficiaries decreased by 8%, giving seniors more time to spend doing the things they love. By making medicines more affordable, Part D encourages seniors to stick to their medication plans prescribed by their doctors and stay healthier longer.
Part D isn't just patient-centered--it's people-centered. Part D coverage benefits everyone-- from sons and daughters, to nieces and nephews, to grandchildren and great-grandchildren-- by making sure that loved ones have the medicines they need to stay healthy and able to celebrate more birthdays, holidays, and graduations to come. Over the last decade Part D, has continuously demonstrated why it serves as a shining example of people-focused policy that our nation's lawmakers makers can learn from.