More than 21 million seniors and people with disabilities will get prescription drug coverage starting in January, including more than one million who signed up for the new stand-alone coverage in the first 28 days it was offered. The initial enrollment period for new Medicare coverage continues through May 15, 2006.
Medicare beneficiaries will be getting their drug coverage in various ways, including from existing federal and/or military programs. The enrollment figures as of Dec. 13 are:
-Stand-alone Prescription Drug Plans: more than 1 million.
-Medicare/Medicaid: 6.2 million (including 600,000 in Medicare Advantage plans).
-Medicare Advantage: 4.4 million (plus 600,000 Medicare/Medicaid beneficiaries).
-Retiree coverage: About 5.9 million retirees are enrolled in the Medicare retiree subsidy, with an additional 600,000 in process. Also, about 1 million retirees are in employer coverage that incorporates or supplements Medicare’s coverage. Another estimated 500,000 retirees are continuing in coverage that is as good as Medicare’s.
-TRICARE/ FEHB retirees: 3.1 million. For additional information about the initial enrollment numbers, please see the press release, which you can access using the link below.
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