Medicare Doughnut Hole
Brad DeLong writes:
Tyler Cowen recommends Paul Krugman on the Medicare Drug Benefit:
The Deadly Doughnut – New York Times: Soon millions of Americans will learn that doughnuts are bad for your health. And if we’re lucky, Americans will also learn a bigger lesson: politicians who don’t believe in a positive role for government shouldn’t be allowed to design new government programs. Before we turn to the larger issue, let’s look at how the Medicare drug benefit will work over the course of next year.
At first, the benefit will look like a normal insurance plan, with a deductible and co-payments.
Read more of this at Brad DeLong’s Semi-Daily Journal »
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