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From New York Times:
Medicare beneficiaries will have access to more options for prescription drug coverage in 2007, with many insurers offering better value and a larger number of medications, the Bush administration said Friday.
The drug program got off to a chaotic start in January.
But the Bush administration, realizing that health care could be a potent issue for Democrats in midterm elections this fall, appears to have solved many of the biggest problems.
In 2007, every state but Alaska and Hawaii will have more than 50 drug plans, and 23 states will have 55 or more.
Monthly premiums in 2007 will range from a low of $9.50, under a drug plan offered by the HIP Insurance Company of New York, to a high of more than $110 under plans offered by Sierra Health Services in New Jersey and some other states.
Humana has the lowest premium this year: $1.87 a month in a seven-state region that includes Iowa, Minnesota and North and South Dakota.
Congress defined a standard benefit, which includes a significant gap in coverage, also known as a doughnut hole.
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Posted on October 1, 2006 06:55 PM
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