Issue Brief
No. 813
| Date: | AUGUST 2, 2006 | ||
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| Author: | Mary Ellen Stahlman | ||
| Summary: | This issue brief explains how the Medicare Part D low–income benchmark premium is calculated, what factors influence the level of the low-income benchmark premium in any given year, and the implications of the benchmark amount for Medicare drug plans and beneficiaries as it changes from year to year. The paper provides a simplified, two-year example of how the low-income benchmark premium is calculated in order to illustrate the key factors that influence it. |
