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Study shows Canadian drugs more affordable than Medicare Part D

January 2, 2006

A recent study conducted by MedCenter Canada concluded that of the 1,820 cases analyzed, 84.6% of seniors would spend less money ordering their drugs from a Canadian pharmacy than by enrolling in Medicare Part D. On average, the study said, seniors would save $565 per year and 14.9% would enjoy annual savings of more than $1,000 compared with Medicare Part D. The study also found that for the 15% of seniors who would realize more savings with Medicare Part D, the actual savings averaged only $12.90 per month. For those wishing to calculate the savings themselves, the MedCenter Canada offers a free on-line "Part D Calculator" at http://www.MedCenterCanada.com/