Wednesday, June 21, 2006

The benefits of free enterprise

The defenders of Medicare Part D keep claiming that the system will save money because, even though the government is prohibited from bargaining for the lowest price, the health plans will use their market power to obtain low prices.

You may be shocked to hear this, but the facts are in and it isn't true. Families USA has just released a study that proves that the big drug companies have raised their Medicare Part D prices for a whole range of prescription drugs. What's more, Part D is paying many times more than the VA is paying for the same drugs, sometimes ten times as much.

Once again, this shows that the Republicans can't even do what they're supposed to be good at: minding the store, keeping the business side of things running smoothly.


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