Monday, November 13, 2006

Bartlett: Medicare Doesn’t Need To Negotiate Lower Prices Because Drugs Are Already Cheap Enough


Dan Bartlett is as out of touch as the rest of the Bushites. Holy Joe will probably jump ship over this one, since he gets big bucks from Big Pharma

Asshats all!


Josh has the full skinny:


Think Progress » Bartlett: Medicare Doesn’t Need To Negotiate Lower Prices Because Drugs Are Already Cheap Enough:

Here are the facts about the Medicare prescription drug plan:

– Taxpayers “could save as much as $190 billion over the next 10 years” if Medicare negotiated prices with drug makers.

– Medicare pays substantially more for drugs that the Veterans Administration, which negotiates prices with drug makers.

– Since the program does not require any discount over list prices, “drug makers are being paid as much as 20 percent more for the same drugs that they had already been providing to recipients under the Medicaid program [for the indigent].”

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