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Text of ERIC Letter to Senator Frist on Possible 'Maintenance-of-Effort' Amendment to Medicare Bill
The ERISA Industry Committee [ERIC]
June 24, 2003
Excerpt: Several Senators have recently suggested that an amendment be added to pending Medicare legislation to prohibit employers who voluntarily provide health care coverage to retirees from reducing or terminating such coverage following creation of a Medicare prescription drug benefit. This 'maintenance-of-effort' mandate will result in the opposite of its intended effect ...
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