Milliman - 2016 Medicare Part D National Average Value Drivers

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PhRMA engaged Milliman to analyze the changes in Medicare Part D national average values from 2015-2016. PhRMA requested examination of the impact on the national average bid amount (NABA) and national average member premium (NAMP) per member per month as a result of various factors. The report outlines the results, key drivers, caveats and limitations.