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Headlines
Qwest Communications Founder Philip Anschutz to Donate Stock to Foundation
Fannie Mae Foundation Fellowship Program Honors Community-Development Leaders
Gates Foundation Announces $40 Million Commitment to Help Homeless
Leading National Theatres Program Announces Major Grants to American Theatres
Bay Area Nonprofits Debate the Importance of Socially
Responsible Investing
Nonprofit Sector Research Fund Announces New Grants
National Urban League Receives $1.5 Million Grant for
New Research Institute
Detroit Institute of Arts to Establish Center for
African American Art
Wallace-Reader's Digest Funds Help Museums Meet
Community Needs
American Investor Makes $2 Million Gift to La Scala
Save America's Treasures Announces $12 Million in Grants
for Preservation Projects
Joyce Foundation Funds Gun Policy Survey
California HealthCare Foundation Report Covers
Candidates Positions on Healthcare
New Study Finds Public Healthcare Benefits Not a Draw
for Immigrants
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PHILANTHROPY NEWS DIGEST
The study, "Counting on Medicare: Perspectives and
Concerns of Americans Ages 50 to 70," reports that
Medicare beneficiaries ages 65 to 70 are more likely than
adults ages 50 to 64 (who are generally not yet eligible
for the program) to be very confident in their ability to
obtain quality medical care when needed and to be
satisfied with the quality of that care.
While participants in the study value the services
provided by Medicare, many are struggling to pay for
prescription drugs, which Medicare doesn't cover.
Medicare's benefit package was designed when the program
was established in 1965 and hasn't changed significantly
since then, despite the fact that drugs play an
increasingly important role in modern medicine.
"Americans in this age group who are or will be covered
by Medicare in the next 15 years generally trust in
Medicare to provide excellent health care services," said
Karen Davis, president of the Commonwealth Fund and a
coauthor of the report. "But many of these people fear for
their financial security if they have to set aside so much
personal income to pay for drugs needed to maintain good
health."
The full report can be downloaded at no charge from the
Commonwealth Fund's Web site: http://www.cmwf.org/
"Americans Value Medicare: Two-Thirds of Those Ages 50 to
64 Support Early Buy-In; Lack of Prescription Drug Benefit
a Major Concern." Commonwealth Fund News Release
7/21/2000.
FC005329
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