A proposal to establish a new national long-term care insurance program is under attack by the insurance industry . . ....Read more
Senators Forge Compromise on Drug Benefit Plan
- June 7th, 2003
Possibly resolving one of the most contentious issues before Congress, key senators have announced a compromise drug benefit plan that would cover all Medicare beneficiaries, regardless of whether they join private health care plans, according to an article in the Washington Post.
The plan specifically rejects President Bush''s proposal to give better drug benefits to Medicare patients who join private health plans as a way to privatize the Medicare program.
Under the $400 billion compromise plan, the government would pay half the cost of drugs, up to $3,450 a year, with patients paying a $35 monthly premium and a $275 annual deductible. After the $3,450 limit is reached, patients would not receive any further help until their out-of-pocket spending on drugs reached $3,700, after which the government would pick up 90 percent of the cost. In addition, the plan would provide unspecified subsidies to low-income people on Medicare.
Medicare recipients who are in regular Medicare '“ the overwhelming majority -- would receive the coverage through stand-alone insurance policies. People who chose private health plans would get their coverage through them.
The plan was announced by Senate Finance Committee Chairman Charles E. Grassley (R-Iowa) and the committee''s senior Democrat, Max Baucus (Mont.). Both said details of the plan may change, but Sen. Baucus predicted that "a good number" of Democrats will support it.
However, other Democrats have indicated they will press for more generous drug coverage. Senate Minority Leader Tom Daschle (D-S.D.) said the plan announced by Grassley and Baucus "falls significantly short," but he has said Democrats do not intend to block the legislation through a filibuster.
For the article in the Washington Post, go to: www.washingtonpost.com/wp-dyn/articles/A21329-2003Jun5.html (Article may be only temporarily available.)
Local Elder Law Attorneys in Ashburn, VA
Ron M. Landsman, P.A.
Ron M. Landsman has been practicing elder law since 1983, before it was known as elder law, originally with Landsman and Laster, Washington, D.C., then Landsman, Eakes and Laster, also in Arlington, VA, and since 1990 in his own practice in Montgomery County, Maryland. He has been among the most active members of the...
The Law Firm of Evan H. Farr, P.C.
In practice since 1987, Fairfax Attorney Evan Farr is widely recognized as one of the leading Elder Law, Estate Planning, and Specials Needs attorneys in Virginia and one of foremost experts in the Country in the field of Medicaid Asset Protection and related Trusts. Evan Farr has been quoted or cited as an expert by n...
Hale Ball Carlson Baumgartner Murphy PLC
Jean Galloway Ball is certified in Elder Law by the National Elder Law Foundation. She is a 1977 honors graduate of the National Law Center, George Washington University, and she did her undergraduate work at the University of California at Berkeley, graduating Phi Beta Kappa in 1971. She is admitted to practice in Vir...