Medicare Part D: New entitlement is a 'disaster' (The Pueblo Chieftain Online)
A rare bit of good news recently trickled out about Medicare s new prescription-drug entitlement. The entitlement will cost $678 billion over 10 years, rather than the $737 billion previously projected. The reason for this savings ? It s partly that fewer seniors have signed up for the entitlement than the 33 million the government expected. And out of the 24 million now enrolled, only 3.6

Most People Bush Administration Claims To Have Medicare Drug Benefit Already Had Drug Coverage (Medical News Today)
An analysis of the Medicare drug benefit enrollment numbers being touted by the Bush Administration reveals that only 3.2 million older and disabled Americans have drug coverage for the first time. As many as 19 million people have yet to sign up for the drug benefit available through private drug plans, and at least 7... click link for more info.

GASB Issues Proposed Staff Technical Bulletin Intended to Clarify Reporting of Medicare Part D Payments to State and (PrimeZone via Yahoo! Finance)
The Governmental Accounting Standards Board today published a proposed staff Technical Bulletin, intended to clarify the proper reporting of payments that an employer or a defined benefit other postemployment benefit plan receives from the federal government under Medicare Part D.