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New Medicare Plan For Drug Benefits Prohibits Insurance

Article Abstract:

The new Medicare legislation that will provide some prescription drug coverage for the elderly beginning Jan. 1, 2006 will not allow seniors to buy supplemental drug insurance. Unlike the basic Medicare insurance plan that permits the elderly to supplement their overall health insurance with Medigap policies, the new Medicare bill wants beneficiaries to assume some financial responsibility for their drug costs. Congress designed the legislation that way to prevent exploitation of insurance benefits.

Author: Pear, Robert
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
Aged, Elderly, Finance, United States. Congress, Health insurance industry, Company financing, Government insurance

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Fight to Pass Medicare Measure Raised House Speaker's Profile

Article Abstract:

Speaker of the House J. Dennis Hastert emerged from the recently passed Medicare prescription drug plan bill as an effective pawnbroker in motivating Republican legislators to pass important economic and social legislation to benefit the elderly. Hastert enjoys a reputation of having concern about health care policies. His efforts for the expanded Medicare law demonstrated his effectiveness in achieving political compromises among recalcitrant congressmen.

Author: Hulse, Carl
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2003
Executive changes & profiles, Public affairs, Legislative Bodies, US House of Representatives, Officials and employees, Political activity, Political aspects, United States. Congress. House, Hastert, J. Dennis

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Subjects list: United States, Laws, regulations and rules, Government regulation, Economic policy, Prescription drug plans, Insurance, Medicare
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