The Institute for SocioEconomic Studies is a private operating foundation
that examines issues relating to economic development, poverty, health care reform and the quality of life
Prescription Benefits
Published in the New York Times July 6, 2000
To the Editor:
Re "House Approves a Medicare Prescription
Benefit" (front page, June 29): The $40 billion earmarked by the House of Representatives to help older Americans pay
for their prescription drugs must be spent wisely to assist those with the greatest need. This can be accomplished by having a deductible base on a percentage of taxable income. Those living
entirely on their Social Security benefits would receive first dollar coverage, while those with additional income would receive coverage only after they reach their deductible.
Keeping costs down and using tax dollars efficiently will allow all elderly patients to get the prescription drugs they need without suffering
financially. LEONARD M. GREENE
White Plains, June 29, 2000
The writer is president of the Institute for SocioEconomic Studies.