SMRs and AMRs

Saturday, August 19, 2006

Norm Coleman’s Hiding the Truth About Medicare’s Drug Plan

Submitted by Srinu Sonti on August 18, 2006.

Yesterday, Senator Norm Coleman issued a press release praising the Bush Administration’s Centers for Medicaid and Medicare Services (CMS). Coleman issued the release because of a CMS finding that seniors were paying only $24 in premiums for Medicare prescription drug coverage. According to CMS, “After the drug benefit bidding process for 2006, the average premium offered by plans was around $32. But because beneficiaries overwhelmingly chose Part D plans with lower-cost options, the actual average premium was $24 in the first year of the program.”

Unfortunately, that is not the case for Minnesota seniors, who according to the Kaiser Family Foundation pay almost $37 a month. Worse yet, Coleman failed to warn Minnesota seniors about the looming gap in coverage (the ‘donut hole’) and the 7 percent penalty for joining the program after the May 15th deadline.

Hey Norm, next time, try telling the whole story.

(There's more.)

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