Word: burden
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...vote in 1992 after teaching the country to get angry about the budget deficit should be banging his spoon on the table right now. Or a draft-Perot movement should be under way. (Perot declined to talk to TIME.) In addition to the new burden for Medicare, discretionary spending has increased 27% in the past two years. Much of that has gone to fighting the war on terrorism, but funds have also been spent on new benefits for veterans, subsidies for farmers and aid to low-performing schools and needy students. Pork-barrel spending is also on the rise...
...elderly receive better drug benefits under Medicaid, the state-administered federal program for the poor. Under the new Medicare plan, an elderly couple earning less than $16,362 will copay only $1 to $3 per prescription, and Kennedy has argued that even such a modest amount can be a burden. Ten states currently exempt their poorest seniors from paying for drugs at all. According to a report released by Kennedy's staff, these 6 million beneficiaries "will be worse off. Their out-of-pocket expenses will be higher, and their access to needed drugs will be reduced...
...giant chunk of hospital-doctor bills. In 1965 Congress chipped in, providing Medicare payments for those over 65 and Medicaid assistance for the poor. There are still gaps in the coverage: the 20% or so of the bill that the typical Medicare patient must pay can be a severe burden; the long illness that exhausts inadequate insurance benefits is a terror to the middle class ... Unquestionably, this system has saved innumerable lives and improved the nation's health by encouraging people to seek medical care that they could not otherwise afford. But the system could hardly have been better designed...
...tier formulary, you saw a small to medium amount of savings in total spending on drugs, you saw a significant reduction in the spending by the plan and you saw a very large increase in spending by consumers. There was a very substantial shift in who bears the cost burden,” Frank said...
...chanting "all together!" Europeans are used to seeing students on the streets pushing for radical change, but these young people want to preserve the status quo. They're protesting government plans to reform their higher-education system - plans that in some cases place a greater share of the financial burden on students. European universities desperately need more money in order to compete with the United States, which spends over 2% of its GDP - more than any other developed country - on higher education. Many of Europe's universities are run down, with overcrowded classrooms and a lack of such basic equipment...