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Medicare Saves Tennessee Residents $33M on Prescriptions

Federal health officials report that Tennessee residents with Medicare have saved $33 million this year on prescription drugs, according to a Bloomberg Businessweek report.

CMS reported the figure on Tuesday, while reminding beneficiaries that open enrollment for 2012 ends on Wednesday at midnight. CMS said Medicare savings average approximately $554 per person in the state, with around 564,000 Tennesseans with Medicare taking advantage of free preventive coverage.

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