Medicare is almost always on target and pays what it should. It should pay as much as needed to maintain service -- and no more.
Nearly 20 million of the 21 million people already had drug coverage. The voluntary enrollment rate compares miserably with the rate achieved in the 11-month period when Medicare was originally launched in 1966. Nearly all eligible Americans signed up for the program back then.
Virtually all physicians - even with a small cut in payments - will still accept Medicare patients.
The new Medicare drug benefit is 10 times more complicated than the Medicare drug discount card, ... and 10 times more important.