When the medicare prescription drug benefit was under


Question: When the Medicare prescription drug benefit was under legislative consideration, some suggested that the program should require individuals to decide about whether to accept the benefit when they enter the Medicare system, and to stick to that decision pennanently. That is, individuals either accept the prescription benefit and begin paying premiums as soon as they become eligible, or they can never enter the pro-gram. Explain the efficiency rationale behind this proposal.

Request for Solution File

Ask an Expert for Answer!!
Management Theories: When the medicare prescription drug benefit was under
Reference No:- TGS02295559

Expected delivery within 24 Hours