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Medicare

The Medicare program provides subsidized medical insurance for the elderly and for some disabled people. Spending for Medicare totaled about $555 billion in 2012, providing coverage for about 50 million people. CBO projects that Medicare spending will continue to rise rapidly over the next decade, as baby boomers retire and spending per beneficiary continues to rise.
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Memo regarding projected spending for prescription drugs by and on behalf of Medicare enrollees

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February 3, 2003

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Issues in Designing a Prescription Drug Benefit for Medicare

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October 30, 2002

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Letter to the Honorable W. J. "Billy" Tauzin regarding H.R. 4954, the Medicare Modernization and Prescription Drug Act of 2002

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September 24, 2002

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Testimony on Disease Management in Medicare: Data Analysis and Benefit Design Issues

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September 19, 2002

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Letter to the Honorable William "Bill" M. Thomas regarding CBO's cost estimate for H.R. 4954, the Medicare Modernization and Prescription Drug Act of 2002

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July 27, 2002

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Preliminary cost estimate of S. 812 as Modified by the Edwards-Collins Amendment

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July 18, 2002

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Preliminary Cost Estimates of the Effects on Direct Spending of Establishing a Prescription Drug Benefit in Medicare

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April 8, 2002

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Testimony on Projections of Medicare and Prescription Drug Spending

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March 7, 2002

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Letter to the Honorable Michael Bilirakis regarding CBO's estimate of the costs of a prescription drug benefit in Medicare

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August 10, 2001

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Letter to the Honorable Max Baucus regarding updated estimates of the direct spending effects of four proposals from the 106th Congress for a prescription drug benefit in Medicare (Tables 1 and 5 corrected 08/10/2001)

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June 11, 2001

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