OT - CO-CURE: Senate, House Introduce Bill with a Medicare-run Drug Benefit

[Guest guest]

Fri, 26 Oct 2007 13:00:37 -0500

LK Woodruff <lkw777

Senate, House Introduce Bill with a Medicare-run Drug Benefit

 

Senate, House Introduce Bill with a Medicare-run Drug Benefit

 

Legislation to give consumers a Medicare-run drug option was introduced on

Tuesday by Senator Richard Durbin (D-IL) and Representatives Marion Berry

(D-AR) and Jan Schakowsky (D-IL). The Medicare Prescription Drug Savings

and Choice Act, S. 2219 in the Senate and H.R. 3932 in the House, would

utilize price negotiation and the best evidence about the safety and

effectiveness of drugs to give older adults and people with disabilities the

choice of a stable, consistent and affordable drug coverage plan.

 

The bill was written with the knowledge that it costs private insurers 9.8

percent of the drug benefit's total cost to administer the program, yet it

costs Medicare only 1.7 percent of the total costs to administer hospital

and outpatient coverage.

 

_http://www.retiredamericans.org/_ (http://www.retiredamericans.org/)

 

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