7/4/09

Why hasn’t the Executive Branch or Congressoffered legislation mandating Medicare and Medicaidnegotiate prescription prices?


A Tumor at the Heart of Medicare



 


Medicare Part D


the prescription benefit that went into effect three years ago


was supposed to let the elderly get their medicines more cheaply


by creating competition between private insurers


 


…But the cost to taxpayers


has been 3.5 times the market value of those prescriptions


 


…Legislation was pushed


paid for and effectively drafted by thousands of lobbyists


 


Proposals requiring the government


to use the buying power of 40 million Medicare patients


to negotiate prescription prices


were defeated


 


…So prices under Medicare private insurance plans


for the top 10 medications shot up


 


…At sites like www.maplight.org


you can see whose campaigns have gotten the plushest contributions


 


Mark Lange


New York Times


 


Why wouldn’t the healthcare industry’s position


as a top political campaign contributor


correlate to subsidized healthcare


being one of the government’s largest expenditures


 


and if not, why does the healthcare industry


contribute so much to those who wouldn’t reduce profits?


 


Why are the United States and New Zealand


the only developed countries who permit pharmaceutical companies


to market directly to consumers


 


how much could the media industry lose if drug advertising was illegal


 


and why isn’t prescription promotion a political issue?


 


Does America’s healthcare industry maintain high profit margins


by providing superior care and/or medicine


or by financing the political process with profits provided by patients?

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