NATIONAL TAXPAYER WATCHDOG GROUP ISSUES REPORT ON CLINTON PRESCRIPTION DRUG GIVEAWAY | Citizens Against Government Waste

NATIONAL TAXPAYER WATCHDOG GROUP ISSUES REPORT ON CLINTON PRESCRIPTION DRUG GIVEAWAY

Press Release

For Immediate ReleaseContact: Jim Campi or Aaron Taylor
March 29, 2000(202) 467-5300

 

CAGW warns that Clinton Medicare Drug Plan is bad medicine for seniors

(Washington, D.C.) – Citizens Against Government Waste (CAGW), America’s largest taxpayer watchdog group, today released a stinging rebuttal to the Clinton administration’s proposal to add a prescription drug benefit to Medicare.  The report, entitled A Better Prescription for Seniors, analyzes the White House plan and offers a realistic alternative to Clinton’s $168.2 billion giveaway.

“The administration’s prescription drug proposal is bad medicine for seniors,” remarked CAGW President Thomas A. Schatz.  “Rather than targeting those seniors with exorbitant drug costs, the White House prefers to offer Medicare recipients a $2,500 per year drug entitlement, regardless of their income.”

According to the report, the Clinton prescription drug plan is nothing more than a federal giveaway for a key Democratic constituency.  Although it purports to help seniors with extraordinary pharmaceutical bills, the administration’s plan only pays for 50 percent of expenses below $5,000.  Above that figure, seniors are on their own.

“The Clinton proposal fails to address those seniors most at risk,” Schatz stated.  “By cutting off seniors with drug expenses greater than $5,000, the plan all but ignores those who need help the most.  The plan should target low-income beneficiaries who don’t qualify for Medicaid and can’t afford a Medigap plan.”

The report argues that the best way to help seniors with extraordinary drug expenses is to reform the current Medicare system.  CAGW advocates reform modeled after the Federal Employees Health Benefits Plan, which would allow seniors to choose from among a wide range of health insurance plans.  If such a plan were implemented, seniors with large pharmaceutical bills could choose a plan that provides prescription drug coverage at a reasonable cost.

A Better Prescription for Seniors is the latest in a series of reports by CAGW’s Health and Science Division.  CAGW is a 600,000-member nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, mismanagement and abuse in government.

Sign Up For Email Updates


Optional Member Code