Medicare Lottery For Americans - KCBD NewsChannel 11 Lubbock


Medicare Lottery For Americans

There's no million dollar jackpot, but the Bush Administration is holding a lottery for 50,000 "lucky individuals."

The lottery is for the first 50,000 Americans who will get medicare prescription drug coverage. Under the law, the program must start with 50,000 people and $550 million with at least $200 million being spent on oral cancer drugs. An estimated 600,000 Americans are eligible to join the program early.

Some 450,000 others must wait until 2006. That's when prescription drug insurance under medicare begins. Medicare will accept applications for the lottery from July 6th to September 30th and will randomly select 25,000 cancer patients and 25,000 patients with other illnesses.

For more information on the program ( click here).

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