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This Just In ...

Kevin Fischer is a veteran broadcaster, the recipient of over 150 major journalism awards from the Milwaukee Press Club, the Wisconsin Associated Press, the Northwest Broadcast News Association, the Wisconsin Bar Association, and others. He has been seen and heard on Milwaukee TV and radio stations for over three decades. A longtime aide to state Senate Republicans in the Wisconsin Legislature, Kevin can be seen offering his views on the news on the public affairs program, "InterCHANGE," on Milwaukee Public Television Channel 10, and heard filling in on Newstalk 1130 WISN. He lives with his wife, Jennifer, and their lovely young daughter, Kyla Audrey, in Franklin.

Tommy Thompson's successful Medicare Part D

TOMMY-SENATOR
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FOR IMMEDIATE RELEASE

CONTACT:Lisa Boothe 608-661-6363 or Lisa@TommyforWisconsin.com


 
Medicare Part D: A Success Story 

FACT: 9 In 10 Seniors Are Satisfied With Medicare Part D, A Program That Came In 43 Percent Under Budget

9 In 10 Participants Are Satisfied With Medicare Pare D. "Most seniors report being satisfied with their Medicare prescription drug plan because it works well and is meeting their expectations. This year, satisfaction is at peak levels." ("Seniors' Opinions About Medicare Rx: 7th Year Update," KRC Research, September 2012)

84% Of Seniors Believe Their Out Of Pocket Prescription Drug Costs Would Be "Much Higher" Without Medicare Part D. ("Seniors' Opinions About Medicare Rx: 7th Year Update," KRC Research, September 2012)
  • Medicare Part D Is 43 Percent Or $435 Below Initial Projections. "Since starting in 2006, the program has consistently remained under budget at 43 percent, or $435 billion below initial projections. It is also saving money for seniors with average premiums projected to remain as low as $30 per month in 2013, a rate that is 50 percent lower than projected in 2004." (Bob Blancato, "Prescription For The Election: Protect Seniors' Health Care," Orlando Sentinel, 9/25/12)
  • The CBO Reduced It's Medicare Part D Spending Projection For 2013-2022 By $107 Billion While Every Other Medicare Program Is Projected To Increase Spending. ("Updated Budget Projections: Fiscal Years 2012 To 2022," Congressional Budget Office, March 2012)
  • Peter Orszag, Former CBO Director, Said Medicare Part D Came In Under Budget Because Private Market Competition Drove Down Prescription Drug Costs. ALLARD. "Let me move to Medicare Part D. In January of this year, CBO acknowledged market-based competitive bidding as one of the primary reasons for the significant decline in Part D spending of $136 billion to nearly 26 percent of what was projected. Do you agree with that CBO finding? And do you believe that could be attributed to the market-based competition?" ORSZAG. "Again, the bids are coming in and pricing is coming in better than anticipated and that is likely a reflection of the competition that is occurring in the private market." (Committee On The Budget, U.S. Senate, Hearing, 1/25/07)

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Paid for by Tommy Thompson for Senate, Inc.

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