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MEDICARE OUTPATIENT DRUG REIMBURSEMENT WOULD BE LIMITED TO NATIONAL MEDIAN COST UNDER CLINTON BUDGET; MEDICARE HMO REIMBURSEMENT WOULD BE CUT TO 90%

Executive Summary

Medicare reimbursement for outpatient drugs would be based on "the provider's acquisition cost of the drug" rather than the average wholesale price under President Clinton's budget proposal for fiscal year 1998.

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