Proposed 2009 Reforms

The issue of health care and health insurance gained momentum in the 2000s. President George W. Bush signed what at the time was the most significant and expensive legislation regarding Medicare since the program was created—the Medicare Prescription Drug Improvement and Modernization Act of 2003. That law created controversy, particularly around its prohibiting the government from negotiating prices of medications with pharmaceutical companies, but it did provide prescription drug coverage to all Medicare recipients. The cost of drugs had been cause for concern, with tales of senior citizens forced to choose between buying food or medications. Interestingly, the Bush bill—with an estimated price tag approaching $1 trillion ...

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