Hi, bev. I'm sad to say that the Medicaid prescription plan is a mess. We taxpayers are bribing companies NOT to drop their retirees, but the number crunchers can play the numbers and find out they are better dropping people and knowing the government will pick them up.
I personally know about a dozen retiree families, including my dad, whose companies have dropped them from coverage as of 1/1/06. And they will all pay far more than they were paying under their retirement plans. AND, we taxpayers are going to pay far more.
It's one of the worst bills that's been passed in many years.
I personally can't believe our President signed this bill in its final form, because unless I am not understanding it at all, it is a disaster!