Medicare expansion is top benefits story of 2003

Geisel, Jerry
December 2003
Business Insurance;12/22/2003, Vol. 37 Issue 51, p13
The article focuses on different Medicare reforms in the U.S. in the year 2003. It presents the Medicare prescription drug legislation that U.S. President George W. Bush signed into law in December. The new law, once it fully goes into effect in 2006, will give 40 million Medicare enrollees access to a new benefits, while providing employers with retiree health care plans tens of billions of dollars in federal subsidies. Another provision Improvement and Modernization Act of 2003, which the U.S. Congress passed in November, will permit Medicare beneficiaries to buy prescription drugs imported from Canada.


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