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Medicare Prescription Drug Benefit

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In March 2003, President George W. Bush proposed a new framework to modernize and improve Medicare to Congress. Eight months later, on December 8, President Bush signed the Medicare Modernization Act of 2003.

Designed to help seniors pay prescription drug bills, the president hailed his reforms, but a growing number of critics are finding fault with the new benefit. The basic question remains: will the Bush Administration drug benefit help seniors pay for their medicine?

Medicare is a federal government program that provides health insurance for seniors aged 65 and above, as well as people with disabilities and those with permanent kidney failure. The original Medicare plan only covers prescription drugs in a few cases, like certain cancer medicines. Read more »

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