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|Prescription Drug Spending Under the MMA: Modeling the Impact on Out-of-Pocket Costs|
Henry J. Kaiser Family Foundation
Nov. 23, 2004
Excerpt: This report projects the impact of the new Medicare drug benefit on out-of-pocket spending for people who enroll in 2006. The analysis is based on a model developed by the Actuarial Research Corporation for the Kaiser Family Foundation. The model generally conforms to the Congressional Budget Office's assumptions and projections about Medicare drug benefit spending and participation rates for the new benefit and for the low-income subsidy.
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