Medicare Part D Solutions :: Health Market Science

Home > MedicareSim

Medicare Part D is the Perfect Storm.

The confluence of major market trends is creating the ingredients for a “Perfect Storm” for the domestic healthcare market, including:

A large and growing elderly population
A host of diseases whose prevalence increases with age
Dramatically changing drug coverage structure
Confusing patient cost tiering
Uncertainty of participant response to the Medicare Part D program

With so many uncertainties and potentially huge impact on the marketplace, pharmaceutical companies need to understand the long-term implications of their Medicare Part D contracting strategy. While 2006 promises to be a turbulent year with many surprises, now is the time to develop strategies that will maximize revenue and profits over the longer term.

Understand the Impact of Medicare Part D

Health Market Science offers MedicareSim™, a dynamic scenario planning application that enables executives to plan, manage, and react to the evolving managed market dynamics brought upon by the implementation of Medicare Part D.

MedicareSim™ models the five critical dynamics of Medicare Part D: people, prevalence, coverage, cost, and behavior. MedicareSim™ makes it possible to clearly understand how the Medicare program will influence each of these factors and rapidly assess the impact these pressures will have on existing commercial contracts.

Download PDF

Key product features:

Assess the impact of various uncertainties (rates of enrollment for cash, Medicaid, and third party eligibles) on the utilization and profitability of a product – at a national and regional (PDP) level.
Identify the potential impact on revenue and profits of different Medicare Part D contracting strategies.

Ideal For:

Pharmaceutical/Biotechnology

Develop a winning Medicare Part D Solution