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February 25, 2005 at 07:00 PM
NU Online News Service, Feb. 25, 2005, 4:20 p.m. EST
Medicare managers want to see if private insurers can help the new Medicare prescription program offer richer benefits.[@@]
The Centers for Medicare & Medicaid is asking for applications from private insurers that want to participate in a 5-year Medicare drug reinsurance pilot program that would determine whether private insurers could find a way to reduce the “doughnut,” or gap between when routine Medicare drug benefits end and catastrophic Medicare drug benefits begin.
