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Committee on Ways and Means

For Immediate Release
Contact: Press Office 202-225-8933
April 16, 2002

Tomorrow’s Hearing Explores
Adding Prescription Drug Benefit to Medicare

 WASHINGTON- Today, many seniors face the escalating costs of prescription drugs without any coverage from the Medicare program.  These individuals may not have the resources to pay for the drugs they need, even when those drugs would prevent high risk, expensive procedures in the future. 

Prescription drugs have become an increasingly important component of modern medicine.  The Committee will examine how to structure a prescription drug benefit so that Medicare can better address this essential component of seniors’ healthcare.       

Chairman Bill Thomas (R-CA) said, “Nobody would create a seniors’ health care program today that excluded prescription drugs.  Yet, Medicare’s lack of prescription drug benefit epitomizes the most glaring reason why Medicare must be modernized.  I am committed to enacting a prescription drug benefit this year as we update other parts of the program as well.”   

What: Hearing of the Committee on Ways and Means
Focus:  Integrating Coverage of Prescription Drugs into the Medicare Program
When: Wednesday, April 17 at 10:30 a.m.
Where: 1100 Longworth House Office Building
Witnesses:  The Honorable Tommy G. Thompson, Secretary, U.S. Department of Health and Human Services

The Honorable David Walker, Comptroller General, U.S. General Accounting Office

Bruce Bradley, Director, Public Policy and Strategy, Health Care Initiatives, General Motors Corporation, Detroit, Michigan

Ray Gilmartin, Chief Executive Officer, Merck and Company, Whitehouse Station, New Jersey

William Novelli, Executive Director and Chief Executive Officer, AARP

The Honorable Rochelle Pingree, Fellow, Center for Policy Alternatives (former Senate Majority Leader, Maine State Senate)

John Rector, Senior Vice President, National Community Pharmacists Association, Alexandria, Virginia

Mitchel Sayare, Ph.D., President and Chief Executive Officer, ImmunoGen, Inc., Cambridge, Massachusetts

    


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