November, 2009 Week of November 30

posted Jan 28, 2010, 2:33 PM by Jason Gaudette   [ updated Apr 2, 2010, 12:12 PM by Frank Baskin ]
The amendment submitted by Senator McCain(see below for an explanation) was defeated on 12/3.
 
 
Senator McCain submitted an amendment to the Health Care bill
- for more click title the Medicare provisions in the Bill.
 
The bill as currently written would curb reimbursements to Medicare Advantage plans(which are private plans which Medicare subsidizes).
This raises the cost to Medicare, threaten its sustainability, and raise the costs for all subscribers. These costs also contibute to Medicare's deficit.

Senator McCain would continue these reimbursements.
 
The bill, as currently written, will reduce the cost for Medicare subscribers when they enter the donut hole(for their prescriptions).

The McCain amendment will see Medicare subscribers continuing to pay the full cost of medications when they are in the donut hole.

The Senate is beginning to debate the bill this week and to consider amendments.
This process is expected to take at least several weeks and possibly to the end of December.
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