Medicare patients overwhelmingly choose low-cost plans to meet their health needs, according to a new report.
Consulting firm Avalere Health reported that nearly 3 million beneficiaries are choosing low-premium plans with preferred pharmacy networks.
Analysts also said the Medicare Part D market is growing rapidly and has become quite competitive, which has kept the costs of the program under control. Premiums are also very stable, they say, increasingly slightly by about 2 percent on average.
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