What major factors led to the inclusion of prescription drug coverage under Medicare? Is the insurance purchased

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What major factors led to the inclusion of prescription drug coverage under Medicare? Is the insurance purchased directly from the Federal government or from private insurers? What is the annual deductible under the coverage? In percentage terms, what is the copayment for prescription drug expenses below $2250 annually? What percentage of expenses is covered above $3600 annually?
Why might the new coverage boost the price of prescription drugs?

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Economics

ISBN: 978-0073375694

18th edition

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

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