Rx DEDUCTIBLE FOR MEDICARE PROJECTED AT $700 IN MITCHELL BILL BY CBO; ABOUT 35%-40% OF MEDICARE ELIGIBLES WOULD SPEND MORE THAN THAT BASED ON 1991 EXPENSES
Executive Summary
The Medicare prescription drug benefit deductible in Senate Majority Leader Mitchell's (Maine) bill would initially "be about $700" in 1999, according to an Aug. 9 Congressional Budget Office analysis of the measure.