US House Health Panel's Plan For Medicare

5 June 1997

Aplan offered by US House Ways and Means Health subcommittee chairmanRepresentative Bill Thomas would ensure financial solvency for Medicare's hospital trust fund until 2007. There are no deal-breakers left out there, he told a news conference detailing the plan, the key points of which are:

- Medical Savings Accounts would be available to 500,000 seniors in a test program. Those taking part would get a cash voucher to buy health insurance covering what Medicare does, but with a deductible of up to $6,000. Any money left over would be added to the seniors' own contributions in a tax-exempt savings account to be used for uncovered medical expenses;

- more managed care choices;

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK





Today's issue

Company Spotlight