Medicare+Choice: WATERED-DOWN Rx PROPOSAL STILL STRONG ENOUGH TO HELP M+COs
Medicare+Choice plans that have been holding on in hopes of being saved by a prescription drug benefit have new reason for optimism.
The good news: House leaders came to an agreement June 9 on a compromise drug plan in which Medicare beneficiaries would receive a new prescription drug benefit; the plan is similar to one devised by the Senate, and President Bush said he would sign the bill. The not quite so good news for M+COs: The proposed drug plan would give the same benefit to all benes, regardless of whether they are enrolled in Medicare+Choice or fee-for-service.
That...
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