I have to say, having conceded their valiant effort, this prescription drug plan they have brought to the floor still has major deficiencies and major problems. I think it is going to run into a firestorm of criticism, primarily from senior citizens and their families, once they understand the specifics of S. 1. For example, a lot has been said about a $35 monthly premium. This bill, S. 1, doesn't guarantee a $35 monthly premium for prescription drug coverage. It is a suggestion. It is not even worth the paper it is printed on. What is guaranteed is a $275 deductible, which means you really don't get any drug coverage until you have spent at least $275. For some people, that is not a major outlay from their own personal budget. For others, it could be. There also is no assurance in terms of the amount of money that will be paid for your prescription drugs by the Government. The goal is 50/50--that you would split it with the Government. There is no assurance that will happen.
Editor's note · Context
Discussing the deficiencies of a prescription drug plan for seniors during a Senate floor debate.
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