Wednesday, January 18, 2006

Understanding new Medicare drug benefits

Bush Explains Medicare Drug Bill --  
 Verbatim  Quote 
> Submitted on 2005-12-13 16:35:14 > > WOMAN IN AUDIENCE: 'I don't  really understand. How is the new plan   
> to fix the problem?' > > Verbatim response: PRESIDENT BUSH: > > 'Because the -- all which is on the table begins to address the big   
> drivers. For example, how benefits are calculated, for example, is on   
> table. > Whether or not benefits rise based upon wage increases or price   
> There's a series of parts of the formula that are being considered.   
> when > you couple that, those different cost drivers, affecting those --    
> those with personal accounts, the idea is to get what has been   
> more > likely to be -- or closer delivered to that has been promised.  Does   
> make > any sense to you? It's kind of muddled. Look, there's a series  of   
> that > cause the -- like, for example, benefits are calculated based  upon   
> increase of wages, as opposed to the increase of prices. Some have > suggested that we > calculate -- the benefits will rise based upon inflation,  supposed to   
> increases. There is a reform that would help solve the red if  that   
> put > into effect. In other words, how fast benefits grow, how fast  the   
> benefits grow, if those -- if that growth is affected, it will  help   
on the 
> red.' > > > Forward this to others --  so they, too, can understand   


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