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The Progress of the Medicare Drug Discount Card

Recorded on December 1, 2004

Location: The Heritage Foundation's Lehrman Auditorium

The Medicare drug discount card program, part of the Medicare Modernization Act, enables seniors to receive drug discounts at competitive prices. For poor seniors, the card comes with an additional $600 annual subsidy to offset drug costs. But the drug discount card ends on January 2006. How many seniors have signed up for the cards? How have private sector organizations promoted the cards? What kind of discounts have seniors gotten? How has the card program affected drug prices? Should seniors who like it be able to keep it? These and other urgent questions will be addressed by Karen Ignani, President of American Health Insurance Plans, and James Firman, President of the National Council on the Aging.