Medicare: Observations on Program Sustainability and Strategies to Control Spending on Any Proposed Drug Benefit.

General Accounting Office Reports & Testimony,  May, 2003  

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GAO-03-650T April 9, 2003

The House Committee on Ways and Means is holding a hearing on modernizing Medicare and integrating prescription drugs into the program. There are growing concerns about gaps in the Medicare program, most notably the lack of outpatient prescription drug coverage, which may leave Medicare's most vulnerable beneficiaries with high out-of-pocket costs. At the same time, Medicare already faces a huge projected financial imbalance ...