More seniors like new drug benefit, study says

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Senior are warming up to the Medicare drug benefit, a new study shows.

About one in three seniors (32%) have a favorable impression of the benefit, according to a poll by the Kaiser Family Foundation. That compares to 21% of seniors with a favorable view in April. The latest approval percentage mirrors the number of seniors (32%) with a negative view of the benefit.

The drug benefit, which begins in January (enrollment must be completed by April), aims to lower the cost of drugs for Medicare beneficiaries. Dual eligibles, who make up the bulk of nursing home residents, are automatically enrolled in the benefit.

The positive perception also accompanies a better comprehension of the benefit. A total of 37% of seniors now say they understand the benefit "very" or "somewhat" well. That percentage compares to 29% of those with a grasp of the benefit in April. Still, 60% say they don't understand the benefit well or at all.

About one in three seniors (32%) have a favorable impression of the benefit, according to a poll by the Kaiser Family Foundation. That compares to 21% of seniors with a favorable view in April. The latest approval percentage mirrors the number of seniors (32%) with a negative view of the benefit.

The drug benefit, which begins in January (enrollment must be completed by April), aims to lower the cost of drugs for Medicare beneficiaries. Dual eligibles, who make up the bulk of nursing home residents, are automatically enrolled in the benefit.

The positive perception also accompanies a better comprehension of the benefit. A total of 37% of seniors now say they understand the benefit "very" or "somewhat" well. That percentage compares to 29% of those with a grasp of the benefit in April. Still, 60% say they don't understand the benefit well or at all.