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Policy Trade-Offs in Designing a Medicare Drug Benefit with Limited Resources (PDF)
Urban InstituteLink to more items from this source
Aug. 2, 2002

8 pages. Excerpt: This policy brief considers how to structure a drug benefit and what trade-offs will need to be made in the context of financial limitations. It discusses three potential approaches, each of which employs a different cost/payment structure and each of which benefits one group while neglecting another ... [We suggest it] is possible to craft a drug benefit that would preserve universal coverage by protecting low-income beneficiaries and placing a cap on high costs.

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