Summer 2007 Report of Results from the 2007 Segal Medicare Part D Survey of Multiemployer Health Funds
This brief report summarizes the findings of The Segal Company's second survey of multiemployer health funds' response to the availability of prescription drug coverage under Medicare Part D. Segal conducted the 2007 Segal Medicare Part D Survey of Multiemployer Health Funds in March and April 2007. The 261 funds in the survey represent a range of industries and geographic areas.
Sponsors of group health plans that include retiree prescription drug coverage have a number of options in response to Medicare Part D. The options are listed in this survey report along with data from the survey on the percentage of these funds that chose each one for 2007 and how that choice compares to what last year's survey found.
This survey report also discusses the different ways plan sponsors are treating participants who sign up for Medicare Part D coverage on their own. The report concludes with commentary on the survey findings and a discussion of the outlook for the retiree drug subsidy (RDS) program.