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Medicare Prescription Drug Benefit (Part D)

Department of Health and Human Services

Medicare Prescription Drug Benefit (Medicare Part D) is a federal prescription drug benefit program for Medicare beneficiaries.

Agency Accountable Official: Ellen Murray, Assistant Secretary for Financial Resources

Program Accountable Official: Peter Budetti , Deputy Adminstrator for Program Integrity, Centers for Medicare and Medicaid Services

Current

$53.2B

Total Payments (Outlays)more info

$1.7B

Improper Paymentsmore info

3.2%

Improper Payment Ratemore info

2012

3.2% Improper Payment Rate Target more info

All amounts are in billions of dollars

Tabular view for Projected improper payments Tabular View   

Program Comments

In FY 2011, HHS is reporting, for the first time, a composite error estimate for the Medicare Prescription Drug Program (Part D), based on CY 2009 payments. The FY 2011 Part D Composite Payment Error Rate combines five component payment error measures: the Medicare Advantage Prescription Drug (MARx) Payment Error (MPE) estimate; the Payment Error relating to Low Income Subsidy status (PELS); the Payment Error Related to Incorrect Medicaid Status (PEMS); the Payment Error Related to Prescription Drug Event Data Validation (PEPV); and the Payment Error related to Direct and Indirect Remuneration (PEDIR). FY 2011 is the first year PEDIR has been measured.  More information on this program can be found in the Agency’s Financial Report.