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The Medicare Drug Entitlement's High Cost to Seniors withEmployer-Based Coverage

The House and Senate each deliberately ignored the Joint EconomicCommittee's sober warning  when passing different versions ofMedicare legislation (H.R. 1 and S. 1), providing a universal drugentitlement: That entitlement will massively disrupt, one way oranother, existing private drug coverage for millions of seniors,particularly the drug coverage provided by employer plans. ....

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What Seniors Will Lose with a Universal Medicare Drug Entitlement

Millions of American seniors have worked hard their entire lives in the belief that they would receive health insurance benefits, including coverage for prescription drugs, from their employer after retirement. But if Congress does create a universal Medicare drug entitlement based on bills now before a House-Senate conference, the retiree drug coverage many seniors were promised by their employers will be in peril. ....

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