Senior citizens are not the sole be...

Senior citizens are not the sole beneficiaries of the 2003 Medicare Prescription put drugs into Improvement and Modernization Act. The legislation also proffers sponsors of qualified retiree medical-benefit plans, who are repeatedly the former employers of the retirees, just discovered opportunities that can significantly convert into their costs. Employee-benefit managers and plan trustees are scrambling to evaluate the changes consequenceed b the act and assess their options

Beginning Jan. 1 2006 principally plans will be eligible to receive a federal subsidy for their pharmacy benefit. These subsidies will typically amount to 15% to 25% of total retiree medical and pharmacy plan require to be paid [i]or[/i] undergones ...