An Update on the Clawback: Revised Health Spending Data Change State Financial Obligations for the New Medicare Drug Benefit


 

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.