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Slide Presentation of the 2007 Annual Meeting of AHRQ

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Medicare Part D: Cost Implications of Switching to Cost-Effective Drugs January 2006

Text Description is below the image.

Screen shot of a bar chart comparing Medicare Part D costs for using Best Buy recommended drugs versus alternate drugs. The data shown is as follows:

Plan Type Best Buy Drugs Alternate Drugs
Lowest Cost Plan $216 $2,771
Average Cost Plan $949 $4,814
Highest Cost Plan $1,302 $6,335

Notes

Chart shows alternatives in Sacramento
Large potential savings for Medicare beneficiaries!
In this analysis, we looked at 5 common categories of drugs (e.g. NSAIDS, statins, CCB, ACE, anti-depressants
In 6 zip codes, compared the total annual costs for 2 sets of drug choices: 1 set used high-priced drugs in each category; 2nd set used BBDrugs.
Potential savings were huge—we found that Medicare beneficiaries could save in range of about $2300 to $5000 by switching to BBDs
Enough for these people to avoid the doughnut
Enough savings to pay premium—if just one category switch


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