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ADVISORY/Experts Available To Discuss Report Stating Medicare Faces Bankruptcy.


Business Editors

ADVISORY...

--(BUSINESS WIRE)

TOPIC: An annual report by government trustees predicts Medicare will go bankrupt by 2019, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 an article by The Associated Press Associated Press: see news agency.
Associated Press (AP)

Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world.
. The report claims the new Medicare prescription drug prescription drug Prescription medication Pharmacology An FDA-approved drug which must, by federal law or regulation, be dispensed only pursuant to a prescription–eg, finished dose form and active ingredients subject to the provisos of the Federal Food, Drug,  law is partly to blame as it will raise health costs by more than $500 billion over 10 years. The report provides the first official estimates of costs resulting from the Medicare law.

EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story:

David Webster David Webster can refer to several people:

Living

  • David Webster (businessman), Chairman of InterContinental Hotels Group

Deceased

  • David L.
 is founder and president of Webster Consulting Group, Inc., which provides consulting services to the pharmaceutical, biotechnology, and medical industries. He is an expert regarding rising healthcare costs and prescription drug discount cards. 610-758-9500 dwebster@websterconsultinggroup.com

Professor Jonathan Gruber, of Massachusetts Institute of Technology Massachusetts Institute of Technology, at Cambridge; coeducational; chartered 1861, opened 1865 in Boston, moved 1916. It has long been recognized as an outstanding technological institute and its Sloan School of Management has notable programs in business, , Department of Economics, is a full professor in one of the top ranked economics departments in the world. He is the author of more than 50 published papers, and his research spans a variety of topics in both health economics and public economics, including: the structure of the health insurance market; how the health insurance and labor markets interact; public health insurance programs (Medicare and Medicaid Medicare and Medicaid

U.S. government programs in effect since 1966. Medicare covers most people 65 or older and those with long-term disabilities. Part A, a hospital insurance plan, also pays for home health visits and hospice care.
) and their impacts on health and well being; hospital and physician behavior and markets; and Social Security and retirement issues. 617-253-8892

Professor Surrey Walton, of the University of Illinois University of Illinois may refer to:
  • University of Illinois at Urbana-Champaign (flagship campus)
  • University of Illinois at Chicago
  • University of Illinois at Springfield
  • University of Illinois system
It can also refer to:
, Chicago, is well qualified as a consultant in the economics and business of pharmacies, particularly with regard to Medicare and Medicaid reimbursement. He has a Ph.D. in economics with emphasis in health and labor economics. 312-413-2775

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

ExpertSource provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 23, 2004
Words:313
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