Progress Report on the Medicare Prescription Drug Benefit

Table of Contents

Overview Evolution of Medicare

Medicare Prescription Drug Benefit

• Beneficiary Costs and Benefits
• Formulary Design

Employers' Response to the Medicare Drug Benefit

Enrollment in Medicare Part D

Prescription Drug Plan Designs

• National Prescription Drug Plan Organizations
• Stand-Alone Prescription Drug Plans
• Medicare Advantage Plans with Medicare Part D Prescription Drug Benefit

Outlook and Implications for Stakeholders

• Medicare Beneficiaries
• Employers
• Prescription Drug Plan Organizations
• Pharmaceutical Industry
• Government