Harvard Health Columns

Reshaping Medicare: Winners and Losers

For the 40 percent of seniors without any prescription-drug coverage, the new Medicare bill will ease the economic burden of paying for their medicines. In the year 2000, the average cost to a senior covered under Medicare was $1,525. The predicted cost for prescription drugs by 2010 will grow to $4,412 per year. Congress had to pass some legislation to defray personal costs, but I am skeptical that this short-term cost relief to…

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