Health Management Associates Inc. Message Board

Reason for the Decline

Look at the following news and see the impact on Medical Group.

New Medicare Drug Entitlement�s

http://www.heritage.org
The Cost of Medicare: What the Future Holds
RSVP |
Date: December 8, 2003
Time: 12:00 noon - 1:00 pm
Speaker(s): Douglas Holtz-Eakin
Director, Congressional Budget Office

With commentary by
Jeff Lemieux
Senior Economist, Progressive Policy Institute and Executive Director, Centrists.org

Host(s): Robert Moffit
Director, Center for Health Policy Studies,
The Heritage Foundation
Details:
Location:
The Heritage Foundation's Lehrman Auditorium

Just how expensive is the universal prescription drug entitlement Congress enacted with the passage of the Medicare Modernization and Prescription Drug Act of 2003? Clearly, the $400 billion cost over the next ten years is only a down-payment. How much will this legislation cost in the ten years after 2013, particularly when the Baby Boomers start to retire? How will it affect federal spending and the federal budget? How will the bill affect the growth of the Medicare program? Will this provision of the new legislation help to contain costs? CBO Director Douglas Holtz-Eakin will address these and many other vital questions � the answers of which are of critical importance to every American of every age.

SLV