August 16, 2010
The Washington Times published a statement regarding Medicare Part D costs
| Name | Type | Mentions | |
|---|---|---|---|
| Washington Times | organization | 20 | View Entity |
HOUSE_OVERSIGHT_020901.jpg
This document consists of two presentation slides (pages 119 and 120) from a KPCB 'USA Inc.' report. The first slide analyzes historical Medicare spending, noting that actual 1990 costs ($110B) were significantly higher than the 1967 estimates ($12B). The second slide contrasts this with Medicare Part D (2006-2009), which cost 45% less than projected ($61B vs $111B) due to lower participation and private sector management. The document bears a 'HOUSE_OVERSIGHT_020901' Bates stamp, indicating it was part of a document production for a congressional investigation.
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