Medicare Prescription Discounts?

By: Jill Schroeder
By: Jill Schroeder

A new study by AARP shows the new Medicare prescription drug card may not offset the rising cost of prescription drugs. Michigan AARP spokesperson Tom Oren says the study shows a disturbing trend of increased costs three times the rate of inflation.

However, a spokesperson for the Bush Administration says seniors will save 11 percent to 18 percent with the Medicare discount cards. The entire Medicare drug discount package won't fully go into affect until 2006.


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