1.Lawmakers were concerned that adding a prescription drug benefit to Medicare would encourage employers to drop prescription drug coverage to the beneficiaries who receive prescription drugs through retiree health plans. In an effort to avoid a shift in older people who rely on public insurance instead of private insurance for their prescription drug coverage, Congress included in the MMA a tax-free subsidy to encourage employers to maintain prescription drug coverage. While the ACA eliminates the tax deduction, the subsidy remains in place. The amount of the subsidy is based on the prescription drug costs of individuals who remain with the employer’s plan and do not enroll in Part D. In 2017, approximately 2 million beneficiaries purchased coverage through employer retiree plans and employers received a subsidy of 28% of their costs between $405 and $8,350 per retiree (KFF, 2017b). Is this subsidy a good idea? Is the proper role of government to pay private companies to maintain insurance coverage? If so, should it occur for other benefits? Do you have a preference regarding giving incentives for private entities to provide insurance coverage versus the government financing the coverage directly?

Found something interesting ?

• On-time delivery guarantee
• PhD-level professional writers
• Free Plagiarism Report

• 100% money-back guarantee
• Absolute Privacy & Confidentiality
• High Quality custom-written papers

Related Model Questions

Feel free to peruse our college and university model questions. If any our our assignment tasks interests you, click to place your order. Every paper is written by our professional essay writers from scratch to avoid plagiarism. We guarantee highest quality of work besides delivering your paper on time.

Sales Offer

Coupon Code: SAVE25 to claim 25% special special discount