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HJ0056 |
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LRB093 20651 HSS 46498 r |
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| HOUSE JOINT RESOLUTION
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| WHEREAS, Federal legislation (hereinafter, "the Medicare |
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| drug bill") purporting to assist Medicare beneficiaries with |
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| prescription drug costs was signed into law on December 8, |
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| 2003; and
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| WHEREAS, The Congressional Budget Office has estimated |
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| that 2.7 million retirees will lose employer coverage as a |
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| result of the aforementioned legislation; and
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| WHEREAS, The Medicare drug bill will provide benefits that |
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| are inferior to most employer coverage or to Illinois' Circuit |
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| Breaker and SeniorCare programs; and
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| WHEREAS, Under the Medicare drug bill, millions of |
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| beneficiaries without drug coverage will face higher |
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| out-of-pocket drug costs, while a beneficiary with $5,100 in |
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| out of pocket drug costs will receive only $1,080 in benefits; |
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| and
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| WHEREAS, Prescription drug prices are far higher in the |
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| United States than they are in Canada or other industrialized |
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| nations; and
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| WHEREAS, Skyrocketing drug costs will rapidly erode the |
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| already inadequate benefit to be provided by the Medicare drug |
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| bill; and
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| WHEREAS, The Medicare drug bill prohibits the federal |
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| government from negotiating with the pharmaceutical companies |
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| for lower prices and effectively bans re-importation of |
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| affordable prescription drugs from Canada or other nations; and
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| WHEREAS, The Medicare drug bill diverts billions of dollars |
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| into subsidies for HMOs and insurance companies, |