US Medicare reform: why drug companies and private insurers are smiling

Hurley, Jeremiah; Morgan, Steve
February 2004
CMAJ: Canadian Medical Association Journal;2/17/2004, Vol. 170 Issue 4, p461
Academic Journal
Focuses on the benefits of a reform in the U.S. Medicare signed President George W. Bush to the pharmaceutical industry and private insurers. Overview of a prescription-drug benefit for senior citizens; Actions taken to make the plan sufficiently tempting to patients with modest drug costs and provide coverage against catastrophic costs; Disadvantages of the combination of premiums and cost-sharing under the plan.


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