Sunday 11 March 2018

Medicare drug benefit is weakened by congressional budget deal

Congress has undermined the Medicare drug benefit that millions of older Americans depend on – one of the few federal health care programs that's working well.

The two-year federal budget deal passed recently shifts more of the program's costs onto drug manufacturers starting in 2020. In the process, the change eliminates one of the key features that has made the program – known as Part D – successful for over a decade.

If the change stays in place, Part D could soon become just another budget-busting entitlement with little hope of long-term sustainability.

Medicare Part D provides private, federally subsidized prescription drug coverage to 42 million senior citizens. And since being implemented in 2006, the program has served beneficiaries extraordinarily well. In one recent survey, 87 percent of enrollees reported being satisfied with their Part D coverage.

 Source : foxnews

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