February 21, 2006
Today, CEPR and the Institute for America’s Future jointly released a report, The Excess Cost of the Medicare Drug Benefit. The report, written by Dean Baker, finds that provisions in the 2003 Medicare Modernization Act designed to benefit private insurance companies and the pharmaceutical industry will cost taxpayers over $800 billion over the next decade. You can check out the press release by the Institute for America’s Future here.
