Bipartisan Medicare deal reached

Top Senators from both parties are endorsing a $400 billion Medicare reform package that would offer patients some drug benefits and allow private managed care companies to compete for Medicare contracts. The plan would provide an extra subsidy to low-income people on Medicare and ensure that people with limited access to private insurance would be able to obtain government care. The plan does not include President Bush's request to give generous breaks on prescriptions for those on private health plans.

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