Issues 2000: TIME Issues Briefing: Prescription Drugs And Medicare

Bush's plan would fundamentally reform Medicare by putting the focus on helping seniors buy private insurance--but not everyone would be guaranteed equal coverage

THE PLAN Bush would allow the elderly to stay in traditional fee-for-service Medicare or provide them with a fixed sum of money to pay for private insurance plans, some of which will offer a prescription-drug benefit. How much recipients pay and what benefits they receive depends on the plan they choose.

WHO PAYS WHAT? Medicare would pay all costs for elderly recipients whose income was at or below 135% of the poverty line ($11,300, or $15,200 for couples)....

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