Copyright 2001 St. Louis Post-Dispatch, Inc. St.
Louis Post-Dispatch
August 29, 2001 Wednesday Five Star Lift
Edition
SECTION: EDITORIAL; Pg. B6
LENGTH: 437 words
HEADLINE:
DOING MORE WITH LESS
BODY: PRESCRIPTION DRUGS
LAST FALL, during the
election, just about everybody was for helping seniors with the costs of
prescription drugs. But this fall, there's no money left.
The federal budget surplus has disappeared, and Missouri is hacking
programs to make ends meet. That is the context in which Gov. Bob Holden is
bringing the Legislature back into special session next week to enact a
prescription drug plan.
For the past two months, a
parade of witnesses has appeared before Mr. Holden's prescription drug task
force to relate their daily struggles paying for costly medications. Today, the
task force will unveil its solution -- a safety net program to help low-income
seniors with catastrophic expenses.
Its recommendation
stands in sharp contrast to the state's existing drug assistance program. That
ill-conceived plan provided an inadequate $200 tax credit to state residents
over the age of 65. It cost about $87 million annually, more than four times
what had been anticipated.
This time, legislators have
just $50 million to bankroll a new prescription plan. That may sound like a lot.
But in the world of health care, it's a drop in the bucket. Competing
prescription drug plans approved in the state Senate and House earlier this year
carried expected price tags of $70 million and $117 million, respectively.
Instead of aiding all senior citizens, the task force
focused on helping low-income residents with very high prescription drug
expenses. The poorest elderly state residents -- couples earning less than $842
a month -- already qualify for prescription drug coverage under Medicaid. Task
force members are expected to recommend that income guidelines for Medicaid
prescription drug coverage be relaxed slightly. Even then, most seniors won't
qualify. It is people who earn just above the Medicaid eligibility level who
would benefit from the proposal.
Substantial questions
will remain when the Legislature convenes. Prescription drug spending has
increased an average of about 10 percent annually over the past decade. In
addition, the number of people over age 65 will rise sharply in coming years, so
paying for the program in future years could be challenging.
But the high cost of prescription drugs threatens to bankrupt many of
the state's vulnerable elderly residents. Meanwhile, the vanishing federal
surplus will make creating a Medicare prescription drug
benefit difficult.
Missouri's attempt to maintain
fiscal discipline while aiding the elderly seems like the right prescription.
But it is a far cry from last fall's broad election promises.