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Politics : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (52285)6/8/1999 10:54:00 AM
From: Les H  Read Replies (1) | Respond to of 67261
 
DRUGS FOR ALL: CLINTON TO PROPOSE MEDICARE CHANGE

In Tuesday's NEW YORK TIMES, President Clinton will propose revamping the nation's Medicare program to offer prescription drug coverage to all beneficiaries.

Confidential White House documents, leaked and sneaked to the TIMES, assert that drug coverage can save money for Medicare.

White House officials tell the TIMES that the government would hire private companies to help buy drugs and manage the new drug benefit.

Clinton will not try to impose federal controls on drug prices.

"We would never do price controls," a senior White House official tells Bob Pear at the TIMES.

The drug benefit is the centerpiece of Clinton's plan to "modernize" Medicare, a trust that expected to run out of money in 2015.

The White House's John Podesta, last seen dealing with the Lewinsky cancer, has taken charge of efforts to draft the new Medicare proposal.

The TIMES announcement will take many in Washington by surprise. Even senior Democratic members of Congress late Monday were unaware of the new Medicare drug plan.

A White House document released in the TIMES argues the president's drug plan:

"Beneficiaries across the income spectrum lack drug coverage. About 16 million beneficiaries are projected to have no drug coverage in 2000. Lack of drug coverage is not just a problem for low-income beneficiaries; 40 percent of beneficiaries without drug coverage have income above 100 percent of poverty."

>>>Medicare Trust is within one year of insolvency if he hadn't chosen
>>>to raid Social Security Trust Fund to pay for 10 percent of
>>>Medicare expenses. More drugs will actually increase the cost
>>>of Medicare over the long run since people will live longer and
>>>develop new complications for which they will require more drugs
>>>and more care.