Wednesday, August 10, 2005
privitization
It seems a big win for privitization of medicare, and a genuine win for American's.
WASHINGTON -- Most participants in Medicare's new prescription drug benefit will spend about $5 less per month in premiums than originally anticipated because of competition among private plans bidding to offer the benefit.
The savings will also extend to the government. The subsidies it pays the plans to provide the drug benefit will decrease by about $180 per beneficiary next year. The savings translate into at least $5 billion annually based on Wall Street estimates of enrollment rates.
http://www.washingtonpost.com/wp-dyn/content/article/2005/08/09/AR2005080901088.html
WASHINGTON -- Most participants in Medicare's new prescription drug benefit will spend about $5 less per month in premiums than originally anticipated because of competition among private plans bidding to offer the benefit.
The savings will also extend to the government. The subsidies it pays the plans to provide the drug benefit will decrease by about $180 per beneficiary next year. The savings translate into at least $5 billion annually based on Wall Street estimates of enrollment rates.
http://www.washingtonpost.com/wp-dyn/content/article/2005/08/09/AR2005080901088.html
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