Uninsured seniors charged more for prescription drugs

Article Abstract:

A study which the White House released on Apr 10, 2000, has found that older Americans who have no insurance for prescription drugs are being charged 15% more than what insurers pay. Thus, people without insurance coverage are five times more likely than those with insurance to report that they did not take a drug they needed in 1999. The report will most certainly be used in the political debate over whether and how to provide drug coverage through the government Medicare program.

Pharmaceutical Preparation Manufacturing, Commodity & service prices, Ethical Preparations, Drugs

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No Medicare age, cost hike

Article Abstract:

White House officials announces that US President Clinton will announce a plan on Jun 29, 1999, to prolong the life of the Medicare system to 2025, but no proposals for the increase in premiums for basic coverage as well as in the eligibility age. Furthermore, the government will save money with Clinton's federal health-care program for the elderly because it could eliminate waste and fraud by hospitals and physicians and encourage competition.

Government regulation (cont), Administration of Public Health Programs, Health Care Services, Medical care

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E-world fuels U.S. economy, report says

Article Abstract:

Electronic commerce posted $301 billions in combined revenues and created in 1.2 million jobs in 1998, according to a study by the Dept of Commerce. The study showed that information technology industries contributed more than one-third of the US economic growth from 1995 to 1998, although they accounted for only 8% of the total economic output during the period. The IT industry also reduced the overall inflation rate by 0.7% percentage points in both 1996 to 1997.

Market information - general, On-Line Information Services, Videotex & Teletext, Internet services

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