On the recordOctober 4, 2000
So you are saying the President's plan, when fully phased in, will be only $25 per month or are you talking about the initial plan with the coverage available with the caps and coverage?
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govinfo.govRod Grams: “So you are saying the President's plan, when fully phased in, will be only $25 per month or are you talking about the…”
Editor's note · Context
Questioning the details of the President's plan during a discussion.
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More from Rod Grams
Oct 4, 2000
Because what we are trying to do is target those who need the help, and that is about 6 or maybe 10 percent of the population. What the Vice President is doing and what you are talking about is bringing 100 percent of Americans under a new…
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That is the deductible. The individual would pay 25 percent of the cost of the prescription, and then if they were at an income level you are talking about, it would be a $150 deductible with no caps or limits for the year; not the $4,000…
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My understanding is that in order to be a part of the Vice President's plan of receiving prescription drug coverage, one must pay a $50 premium per month, or new tax, in order to be involved in the system. You have one choice, one chance…
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It would cover 100 percent of everything over a $25 copay and a $150-a-month deductible for those who are in that income level or above.
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