In a column about Medicare Part D’s drug plan having lower prices this year to seniors:
The Part D drug benefit, created under the George W. Bush administration, allows seniors and others on Medicare to sign up for a privately administered, government-subsidized health plan to get their prescriptions.
Popular with beneficiaries, the program has also proven far less costly than budget analysts originally expected, in part because of competition among private plans and the growing use of less expensive generic drugs.
I know, I know…..yet another entitlement that needs to paid for, somehow. Just wondering how many other government programs have become more affordable the longer they’re around…hmmmm?
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