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|Actuaries to Congress: Unwise to Add Medicare Prescription Benefit Before Financing is Addressed (PDF)|
American Academy of Actuaries
June 24, 2002
Excerpt: Adding any additional benefits, in particular a prescription drug benefit, without addressing the financing of the entire Medicare program would be unwise given the uncertainties for future funding of the current benefit structure. To keep the cost of a prescription drug benefit to a manageable level, beneficiary cost-sharing is crucial.
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