This is a Republican bill signed into law by a Republican President and written by the health lobby to their benefit. Free market my ass.
Obama's Lobbying Rule Won't Change Washington Culture - washingtonpost.com: "That's no exaggeration. Lobbyists for the pharmaceutical firms really did write the 2003 bill that created a drug benefit for all Medicare recipients, according to Rep. Walter B. Jones (R-N.C.), a participant in the process. The bill was generous to the drug companies. For one, it did not allow the government to negotiate with drug makers over the prices to be charged under the plan, something the Veterans Health Administration routinely does when acquiring drugs. Drug companies' employees and their political action committees (PACs) gave tens of millions to members of Congress for their campaigns; two-thirds of the money from 2000 through 2006 went to Republicans, according to the Center for Responsive Politics."
Sunday, February 1, 2009
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