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An Activist’s Life, by Thomas Leavitt » Blog Archive » Republican “free market” philosophy doesn’t extend to Medigap insurance for drug coverage.

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December 9th, 2003
Progressive Issues

Republican “free market” philosophy doesn’t extend to Medigap insurance for drug coverage.

[Republicans always say that “the free market” will provide… that people should have choices… but when it comes to being able to freely enter into contracts and pay money for Medigap drug policy coverage, they say, “No way, Jose.” Hypocrisy.

-Thomas]

New Medicare Bill Bars Extra Insurance for Drugs
By ROBERT PEAR

Published: December 7, 2003

ASHINGTON, Dec. 6 — Medicare beneficiaries will not be allowed to buy insurance to cover their share of prescription drug costs under the new Medicare bill to be signed on Monday by President Bush, the legislation says.

Millions of Medicare beneficiaries have bought private insurance to fill gaps in Medicare. But a little-noticed provision of the legislation prohibits the sale of any Medigap policy that would help pay drug costs after Jan. 1, 2006, when the new Medicare drug benefit becomes available.

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This entry was posted on Tuesday, December 9th, 2003 at 5:35 pm, and is filed under Progressive Issues. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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