Only Congress could manage to come up with a truly effective approach to a serious problem - and make it temporary.
Prescription drug discount cards, the first tangible benefit from
last year's Medicare law, will be available next month. They will
provide Medicare patients up to 25 percent off retail drug prices.
They also offer low-income seniors $600-a-year credit to buy the
drugs they need.
Health policy experts Grace-Marie Turner and Joseph Antos find this
targeted, consumer-centered approach to health care so promising,
they recommend using it as the taking off point for far-ranging
health reform. Instead, it's slated for extinction in 2006, when
Medicare's impossibly expensive prescription drug entitlement kicks
in.
Why not
make the cards a permanent feature in a larger plan to fix
Medicare, before millions of baby boomers retire and financially
crush the program and the country? "The funded drug card provides
an excellent model for delivery of the drug benefit," Turner and
Antos write in "Fixing the New Medicare Law #3: How To Build on the
Drug Discount Card" (April 26, 2004), available at http://www.heritage.org/Research/HealthCare/bg1752.cfm
For more information or to receive an e-mail version of "Bitter
Pills," contact [email protected]
or call Heritage Media Services at (202) 675-1761.
"Bitter Pills" is an occasional, but regular, feature from The
Heritage Foundation on how the 2003 Medicare drug law is full of
sickening "surprises" that have serious consequences for seniors
and taxpayers. Of course, The Heritage Foundation isn't surprised
at all. We diagnosed the problems long ago in ourMedicare Maladies series.
Both Medicare Maladies and Bitter Pills are available on heritage.org (if you can stomach
them).