"It's absolutely essential that the House and the Senate resolve
their differences and enact a piece of legislation that I can sign.
… We must keep the promise of Medicare by giving our seniors
better coverage and better choices."
So said President Bush during a July 30 press conference. It's a
nice, "can't we all just get along?" statement. But what Bush
didn't say is that the Medicare legislation, currently being
hammered out by a Capitol Hill committee, needs more than a
resolving of differences. It needs a major overhaul.
Recent Heritage Foundation research has found that Medicare
"reforms," such as adding prescription-drug coverage as an
entitlement, would:
• Force about 4.4 million retirees to lose their drug
coverage.
• Increase out-of-pocket drug costs by an average of $621 for
seniors.
• Cost taxpayers a total of $2 trillion through 2030, with
higher costs thereafter.
"The Medicare drug entitlement is a policy disaster," Heritage
health-care expert Robert Moffit says. "It would be better if both
the House and the Senate threw out the current legislation and
started from scratch. "
Stick to your guns, Mr. President. Demand a better bill.
Read more about Heritage's Medicare research at heritage.org.
For more information or to receive an e-mail version of "Medicare
Maladies," contact [email protected]
or call Heritage Media Services at (202) 675-1761.
Report Health Care Reform
Medicare Malady #16: A Better Medicare Bill Is a New One, Mr.President
August 5, 2003 1 min read
Download Report
The Heritage Foundation
Authors
The Heritage Foundation
Exclusive Offers
5 Shocking Cases of Election Fraud
Read real stories of fraudulent ballots, harvesting schemes, and more in this new eBook.
The Heritage Guide to the Constitution
Receive a clause-by-clause analysis of the Constitution with input from more than 100 scholars and legal experts.
The Real Costs of America’s Border Crisis
Learn the facts and help others understand just how bad illegal immigration is for America.
More on This Issue
SPECIAL REPORT About an hour read
COMMENTARY 6 min read
SPECIAL REPORT 17 min read