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Rx DEDUCTIBLE FOR MEDICARE PROJECTED AT $700 IN MITCHELL BILL BY CBO; ABOUT 35%-40% OF MEDICARE ELIGIBLES WOULD SPEND MORE THAN THAT BASED ON 1991 EXPENSES

Executive Summary

The Medicare prescription drug benefit deductible in Senate Majority Leader Mitchell's (Maine) bill would initially "be about $700" in 1999, according to an Aug. 9 Congressional Budget Office analysis of the measure.
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