Medicare Saves Tennessee Residents $33M on Prescriptions

Rachel Fields -

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.

Related Articles on Coding, Billing and Collections:

Drug Companies Could Face Penalties for Price Gouging Scarce Drugs
New Jersey Healthcare Reforms Save Less Money Than Expected
Virginia Delegate Seeks Legislation for Health Insurance Exchange

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.