Six Questions About The New Medicare Bill

"Mark my words," Senator Max Baucus, one of the Democratic drafters of the legislation, said last week of the historic Medicare-reform bill, "seniors will see that the benefits of this bill are extraordinary." Perhaps, but here are six issues that could generate debate when the elderly begin living under the plan.

1 How generous is the drug plan?

It isn't as generous as what Senators and members of Congress give themselves under their federal program and what most employers offer their workers. That is largely because the bill drafters had only $400 billion to work with over 10 years under the...

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