bestfindarticles.com bestfindarticles.com
Search:    Site Home >> About Us >> Privacy of Info >> Terms & Conditions >> Add Url >> Add Article   
Add Url
 
 

Children

 

Health & Therapy

 

Healthcare & Treatment

 

Shopping Online

 

Politics & Government

 

Jobs & Employment

 

Creative Arts

 

News & Events

 

Investment & Finance

 

Hotels & Travel

 

Outdoor & Sports

 

Science & Space

 

Music & Entertainment

 

Property & Agents

 

Self Enhancement

 

Software & Networking

 

Academics & Education

 

Fashion & Relationships

 

Food & Recipe

 

Games & Play

 

Home & Garden

 

Automobiles

 

Society & Issues

 

Companies & Business

 

Site Home » Health & Therapy » Medicines & Cures
 

Prescription Drug Benefit Cost Understated by $324 Billion!

 
Author: Ian Mason

When the legislation was passed for Bushs prescription drug benefit in 2003, costs were said to be approximately $400 billion over the next decade. In great contradiction with this estimate, the centers for Medicaid and Medicare have admitted that costs will actually be around $724 billion.

Considering the Bush administrations history of saying one thing and doing another, this understatement of cost comes at no surprise. The supposedly helpful benefit will, in most cases, only provide savings for people on the lowest income level; while those on mid-level incomes who spend between $2250 and $5100 on medications will pay at least a $37/month premium and a $250 deductible, with no additional savings.

The plan was designed with a hole in its coverage, so that people spending between $2250 and $5100 on medications each year will receive no additional compensation or savings: They are still saving just $1500. After the $5100 line is crossed, Medicare compensates patients for 95% of their spending on drugs.

Besides the hole in prescription drug coverage, this plan offers far fewer benefits than those of many private employers. As a result, those employers could easily lower their standards.

I dont claim to know much at all about this administrations prescription drug benefit plan, but as a normal citizen just like yourself, I am not pleased with what I see.

Author Bio:

Ian Mason

Ian Mason, owner of Shoppe.MD online pharmacy directory.

Ian Mason studies health, weight loss, exercise, and several martial arts; maintaining several websites in an effort to help provide up-to-date and helpful information for other who share his interests.

Contact Ian Mason by e-mail at ian@shoppe.md, or visit his web site at http://www.shoppe.md

You can search for this article using: the cure, medicine, remedy, medications, acne medicine, medicine cabinets, bad medicine
 
 
 

Related Articles

 
Allergies and Hearing
 
Adult ADHD
 
Signs That Someone You Love Is Depressed
 
Do You Want To Live?
 
The Benefits Of Exercise And Proper Rest
 
How To Tell If An Alternative Health Product Is For Real Or Not
 
Sugar's Mind Games
 
Have a Pink Kit baby
 
The Rule of Three ? Easy Weight Loss like you won?t believe!
 
The Effect of Hysterectomy on Sexual Response and Sexual Identity
 
 
 
   Site Home >> Privacy of Info >> Terms & Conditions
© 2006-2008 www.bestfindarticles.com All Rights Reserved Worldwide.