No kidding?!! For every one hundred dollars a senior spends on Rx, the senior gets back $4 big ones. Whoop de Friggin' Doo!!
Talk about cheap pandering...
History tells us that adding a prescription drug benefit to Medicare will almost certainly push Medicare beyond its budget. Of course, Medicare has a long history of
exceeding its costs. When the program was first instituted in 1965, the projected cost 25 years out was $9 billion. The actual cost in 1990 was $67 billion.
This is a serious mistake if you think government should be smaller. This is a serious mistake if you think government is the problem, not the solution.
Look what government involvement in the general medical industry has brought us in the last twenty years. Can any serious thinking person actually support the idea that government involvement in the medication end of the industry won't bring about the same results?
This is another government disaster in the making. That projected $400 billion will turn into multiple trillions of dollars.