George W. Bush's First Term As President of The United States - Healthcare

Healthcare

Bush promoted the increase of de-regulation and investment options in social services, leading Republican efforts to pass the Medicare Act of 2003, which added prescription drug coverage to Medicare and created Health Savings Accounts, which would permit people to set aside a portion of their Medicare tax to build a "nest egg." Kalanz said that the law, estimated to cost US$400 billion over the first 10 years, would give the elderly "better choices and more control over their health care."

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