Summary
What kind of Medicare reform law would actually ban the U.S. government
from negotiating lower drug prices for senior citizens? A Medicare
reform law that was passed with the financial interests of
pharmaceutical companies in mind, of course. And that's exactly what we
got when the Bush Administration's recent Medicare reform bill was
passed: a massive taxpayer funded giveaway to profiteering drug
companies.
I'm not the only one to notice, of course: the Democrats
are going crazy over what they see as a clear handout to special
interest groups (drug companies) who heavily fund Republican reelection
campaigns. Some Democrats are now fighting the measure and seeking to
reverse certain provisions of the law. This Forbes article offers an
informative overview of the players in that effort.
Original source:
http://www.forbes.com/markets/newswire/2004/01/28/rtr1232352.html
Details
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WASHINGTON, Jan 28 (Reuters) - Congressional Democratic leaders on
Wednesday opened a drive to try to change a newly enacted Medicare drug
law they say does more to help drug makers and insurers than the
nation's elderly.
The second bans the federal government from using its negotiating
muscle to get lower drug prices for Medicare beneficiaries, even though
the government does negotiate drug prices for other health programs.
At least a handful of Republicans agree with the Democrats on the
government price negotiation provision, meaning there is some
possibility of bipartisan action.
About the author: Mike Adams is a natural health researcher, author and award-winning journalist with a passion for sharing empowering information to help improve personal and planetary health He has authored and published thousands of articles, interviews, consumers guides, and books on topics like health and the environment, and he has authored and published several downloadable personal preparedness courses including a downloadable course focused on safety and self defense. Adams is an independent journalist with strong ethics who does not get paid to write articles about any product or company. In 2010, Adams launched TV.NaturalNews.com, a natural health video site featuring videos on holistic health and green living. He also founded an environmentally-friendly online retailer called BetterLifeGoods.com that uses retail profits to help support consumer advocacy programs. He's also the CEO of a highly successful email newsletter software company that develops software used to send permission email campaigns to subscribers. Adams also serves as the executive director of the Consumer Wellness Center, a non-profit consumer protection group, and practices nature photography, Capoeira, martial arts and organic gardening. He's also author a large number of health books offered by Truth Publishing and is the creator of numerous reference website including NaturalPedia.com and the free downloadable Honest Food Guide. His websites also include the free reference sites HerbReference.com and HealingFoodReference.com. Adams believes in free speech, free access to nutritional supplements and the innate healing ability of the human body. Known as the 'Health Ranger,' Adams' personal health statistics and mission statements are located at www.HealthRanger.org
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