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Congressional Medicare Proposals Include Pitfalls For Poor.
Knight Ridder/Tribune Business News, July, 2003
By John A. MacDonald, The Hartford Courant, Conn. Knight Ridder/Tribune Business News
Jul. 16--WASHINGTON--Millions of low-income elderly Americans would pay substantially more out of pocket under the recently passed House Medicare prescription drug plan than under a rival Senate measure.
But the Senate plan would unravel the current universal nature of Medicare -- at least for some recipients.
In some cases, the out-of-pocket difference between the Senate and House plans could amount to thousands of dollars a year, a new comparison shows, because low-income subsidies are less generous in the House plan. The subsidies phase out when beneficiaries' income reaches about $14,000 a year.
"The Senate bill is much more generous to...
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