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CMS: 2011 Medicare Prescription Premiums Stable
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Based on bids that were submitted by plan sponsors, the average 2011 Medicare prescription drug plan (Part D) premiums will have nearly the same rates that beneficiaries are paying this year, the Center for Medicare & Medicaid Services announced Wednesday.

“The 2011 premiums on average will increase $1—from about $29 [this year] to $30 for the beneficiaries,” said CMS Administrator Don Berwick, MD, in a telebriefing.

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