Low-income beneficiaries' premiums and cost sharing will be fully reimbursed. Beneficiaries with drug coverage can keep their current drug coverage. People who need coverage can participate in our new Rx drug benefit. No seniors or disabled individuals will lose all they have because of prescription drug costs. Beneficiaries will have a choice between at least two private sector drug plans.
Beneficiaries can choose plans that best suit their needs.
Avoiding government price controls enables research and development of new pharmaceuticals to continue. Paid entirely out of greater than anticipated Medicare savings from the Balanced Budget Act.