http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=6228Here is just an example of the outrageous giveaways to drug companies:
SNIP...."1. Severely Restricts Access to Prescription Drugs
The new law gives private insurers the authority to ration access to drugs funded by Medicare. Insurer-created committees decide what types of drugs to cover, which specific drugs to include on their formularies, and how high to set the beneficiary payment for each drug. It will be difficult and, in some cases, impossible to get drugs that are not included on an insurer’s formulary. These restrictions, rarely seen in today’s private marketplace, mean that seniors who have drug coverage today could have less access to drugs under the plan. Thus, even more beneficiaries will lose under this law than the estimated 2.7 million seniors losing retiree coverage and 6.4 million beneficiaries losing Medicaid help.
2. Denies Beneficiaries Genuine Choice
Beneficiaries will have to choose a drug insurer without knowing exactly what drugs that insurer will cover. Even after they learn what drugs are on the formulary, the insurer can change or remove drugs at any time. While beneficiaries must be given notice, they have no option to change insurers during the year to retain access to the drugs their insurer no longer covers. This is a bait and switch. Moreover, if the law succeeds in expanding HMOs and preferred provider organizations (PPOs), there is no guarantee of any choice for beneficiaries in traditional Medicare. Drug coverage will be available only through whatever private insurer plan comes to their area, no matter how high its premium....."
There is a lot more at the site if you follow the links.
We already have good prescription drug coverage, but when we are forced to go on Medicare they can drop us. I think everyone should read this and share this information.
My grandparents died before Medicare came into being. They were disabled for years. Without some leg pulling by a friend who headed a local hospital my parents would have been bankrupt..and they were NOT poor. Until 1965 this is the way it was....it was do it yourself or who you knew.
To any young people who don't take this seriously, imagine yourself having the full responsibility of parents deemed uninsurable as they grow older. This plan does NOT have to include the sickest.