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Publication Date: May 2002
Publisher: Families USA
Author(s): Amanda McCloskey
Research Area: Health
Type: Report
Abstract:
The U.S. House of Representatives will soon consider legislation to provide prescription drug coverage for America's seniors. The proposal that will be considered, developed by Ways and Means Committee Chairman William Thomas (R-CA), relies on private health insurance companies to provide drug coverage--and to bear the financial risk entailed. Insurance companies would be expected to offer "drug-only" insurance policies that cover no other health services.