Survey shows rising satisfaction with Medicare drug benefit
Seniors are largely satisfied with the new Medicare drug benefit and most do not intend to change plans next year, according to the results of a new poll conducted by the Wall Street Journal Online/Harris Interactive.The percentage of those satisfied with their Medicare plan rose by double digits - from 75% to 87%. Just 6% said they weren't satisfied and 19% said they were likely to switch plans.
Around 75% of respondents said they have saved money on their prescription drugs compared to 12% who said they had to pay full price due to a coverage gap in the Medicare Part D drug benefit.
The survey of adults over the age of 65 also found that 83% said the two-year-old benefit is easy to use. The poll was conducted Nov. 29 to Dec. 3.