Medicare Drug Benefit Update: 2008 Plan Year Begins on January 1st
Update: 2008 Plan Year Begins on January 1st
December 29, 2007
January 1st marks the start of the new plan year for the Medicare Part D drug benefit for 2008. As the 2008 plan year approaches, NAMI is watching closely to ensure that beneficiaries with serious mental illness, especially low-income dual eligibles, are able to maintain continued access to drug coverage that meets their complex treatment needs. Of particular concern are the 2.1 million dual eligibles and low-income subsidy (LIS) Medicare beneficiaries that are being required to switch to different prescription drug plans (PDPs) on January 1.