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Helping retirees pay for health care : Medicare part D is only the starting point for a far larger opportunity

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<title>Helping retirees pay for health care</title>
<subTitle>: Medicare part D is only the starting point for a far larger opportunity</subTitle>
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<namePart>Singhal, Shubham</namePart>
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<abstract>Now that the Medicare Modernization and Improvement Act of 2003 is in force, large US health insurers are eagerly competing to sign up current retirees for new Medicare products, including the Part D drug benefit and a revamped Medicare Advantage program. Products to help retirees plan for and manage that spending could generate an estimated 80 billion dollars in revenues and 12 billion dollars in profits for health insurers and other financial institutions by 2014</abstract>
<note type="statement of responsibility">Lynn Dorsey Bleil, Gregory C. Lewis, and Shubham Singhal</note>
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<title>The McKinsey Quarterly : web exclusive</title>
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<text>November 2005 ;  [8] p</text>
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