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Monday, October 23rd 2006

Pharma In For A Surprise?

In case you don’t know the government is specifically prohibited from negotiating down the price of pharmacuticals in Plan D (the Medicare drug plan). How in the world can that be? Well the pharma industry has a good lobby.

The Health Care Blog has a post up discussing the possibility that that stipulation in the Plan D law will be overturned come the next Congress.

Although the post isn’t very confident of the speed with which that might happen, the entire idea sounds good to me. I may have questions behind the philosophy of Plan D (and Medicare in general) but my God if it is going to exist why in the world wouldn’t you take full advantage of the government’s clout?