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Waste in the Medicare Drug Benefit: Why the Doughnut Hole is Unnecessary

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Publication Date:

Publisher(s): Center for Economic and Policy Research

Author(s): Dean Baker

Topic: Health (Pharmaceutical services)

Keywords: Administrative costs; Price negotiation; Personal time

Type: Report

Coverage: United States

Abstract:

This paper shows that the excess costs of the drug benefit plan are considerably larger than the size of the doughnut hole.