Medicare Prescriptions Drug Plans Video

The CEO of AARP, William Novelli, talks about members reaction to the Medicare prescription drug plans.
Read the full transcript »

Members reaction to the Medicare prescription drug plan. By and large they are happy about it. About 80% of everybody who is involved now in the Part D of Medicare are happy. About the average person's saving about $1,200 year. Where we're not doing as well as we should is in signing up low income people. It's the population that benefits the most, but the problem is the Asset Test, and getting people essentially to be considered illegible is difficult. So we need to focus on that. Question: What are the main concerns of your membership? Well, it differs by age segment. So if you look at people of 50 to 64 let's say, those people tend to be worried about whether they've saved enough for retirement, whether they're going to have health care insurance if they loose their job or they leave their job. Many of them are just hanging on until they get to Medicare at age 65. If you 65 and older, people tend to be focused on quality of life and making sure that they are healthy. They have got Medicare and they need some supplement for it.

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