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Publication Date: March 2006
Publisher: Henry J. Kaiser Family Foundation
Author(s):
Research Area: Health
Keywords: Prescription Drugs; State Financing
Type: Brief
Coverage: United States
Abstract:
States are obligated to finance part of the new Medicare prescription drug benefit via a monthly "clawback" payment to the federal government. This issue update analyzes the latest data and provides an overview of the state financing of the Medicare drug benefit.