Hill Watch Alert
House to Vote on The
Medicare Modernization and Prescription Drug Act of 2002 (H.R. 4954)
The House Of Representatives is expected to vote on
Modernization and Prescription Drug Act of 2002 (H.R. 4954) as early
as Wednesday, June 26, 2002. (Full text of legislation).
Prior to the federal government adding another entitlement
program to Medicare, the current system must be reformed because it
is both economically and fiscally unsustainable. The Congressional Budget
Office demonstrates that under current Medicare spending will grow more
than 90 percent, to $490 billion in 2012, from $252 billion this year,
with no additional benefits. The
prescription drug benefit would cost taxpayers $350 billion over the
next ten years. All but low-income seniors would be required
to pay a monthly premium of $35 and meet a $250 annual deductible, under
the plan approved by the House Ways and Means Committee. On the first $1,000 of drug costs, the government
would pay 80 percent of costs and on the next $1,000 it would pay 50
percent. For drug costs beyond
this, patients would be responsible once they reach $3,800 in out-of
-pocket spending prior to additional government help taking effect.
The last attempt at providing prescription drug coverage
which ended in disaster was the Medicare Catastrophic Coverage Act of
1988. After its enactment, the
prescription drug coverage was far less appealing to millions of seniors,
far more difficult to administer than officially claimed, and dramatically
more expensive than originally projected.
Can You Do?
Urge your representative to Not
Support the Medicare
Modernization and Prescription Drug Act of 2002 (H.R. 4954)
Capitol Hill Switchboard Numbers: 202-225-3121
or 202-224-3121 (Those numbers will direct you to the Capitol Hill operator.
Ask for your representative's office.)
To go to your representative's website,
find his E-mail or to find out who your representative is... http://www.house.gov/house/MemberWWW.html
To electronically mail your U.S. House
of Representative, go to http://www.house.gov/htbin/wrep_findrep.
to the American Voice Institute of Public Policy Home Page