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Assessment of Beneficiary Savings in the Medicare Drug Discount Card Program

August 2004

Healthcare Leadership Council
Lewin contact: Lisa Chimento

The Healthcare Leadership Council commissioned The Lewin Group to examine the savings available to Medicare beneficiaries who elect to participate in the Medicare-endorsed drug discount card program. The study analyzes the 150 drugs most frequently used by seniors and determines the range of savings available to seniors on those medications using their drug discount cards. The study presents estimated average savings for beneficiaries who shop at retail pharmacies using the drug discount card, including the value of the $600 federal credit available to qualifying low-income beneficiaries. It also provides estimates of aggregate savings based on the number of beneficiaries projected to use the discount cards by the Centers for Medicare and Medicaid Services.
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