Part D Starts Slow

The new Medicare drug benefit generated plenty of controversy in its first weeks, but the start-up glitches have very little to do with the long term outlook for the program. One key factor matters for 2006: enrollment. And with just 3.6 million voluntary sign-ups so far, Part D is not off to a fast start.

By Michael McCaughan

Headlines across the country told the same story in the early days of the Medicare prescription drug benefit. Beneficiaries—especially the...

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