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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (497308)11/23/2003 11:09:18 AM
From: Hope Praytochange  Read Replies (1) of 769670
 
To qualify for the prescription drug benefit, patients would pay a premium averaging $35 a month, plus a $250 annual deductible. The government would then pay 75 percent of a person's drug costs, to as much as $2,250 a year. Coverage would end there unless someone's out-of-pocket costs exceed $3,600 a year. The government would pay 95 percent of these "catastrophic" drug costs. The bill provides extra subsidies to eliminate or reduce premiums and other costs faced by low-income beneficiaries.
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