With mid-term elections now less than a week away, America may be casting a whole new set of priorities for the next couple of years. If there is a shift in leadership, one industry that will undoubtedly undergo changes is health care.
Take, for example, the Medicare Modernization Act. House Democratic Leader Nancy Pelosi (D-CA) makes no secret that one of her first actions - "within the first 100 hours of taking over the House" - will be to rewrite the prescription drug benefit (Wall Street Journal, 10/25/06). Such action will make waves all across the country.
Medicare's new prescription drug benefit, a bipartisan effort passed in 2003, has certainly seen its share of bumps since coverage began in January this year. The rollout was at times confusing and frustrating - painful even - for seniors and those looking after their best interests. But when you see that nearly 33 million seniors and people with disabilities are now receiving drug coverage, you have to admit it's not all bad. Considering the fact that MMA was the biggest change to Medicare in its 40-year history, aren't a few bumps understandable? I'd argue that any large scale consumer program will feel some pain before smooth sailing. So therein lies the rub: Do we build on what's been accomplished so far and give Part D a chance to succeed or do we back up three steps and overhaul?
In 2006, the average Medicare beneficiary saved $1,100 by enrolling in Part D. More seniors receive prescription drug coverage today than ever. In June, a Kaiser Family Foundation study showed that eight out of every 10 seniors who have signed up said that they are satisfied with their plans (Wall Street Journal, 10/25/06). Sounds like a plan... that's actually working.
Surely a program as large and important as MMA needs to be regularly reviewed with a critical eye. But with momentum building for a government program that's already proven worthwhile for the health of seniors and the disabled, why begin breaking it up in a matter of hours?
Bonnie M.
Public Affairs


