U-DFL Blog

Wednesday, November 30, 2005

The New Medicare Drug Company Benefit

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See the WHOLE picture here: http://images.google.com/images?sourceid=navclient&ie=UTF-8&rls=RNWE,RNWE:2004-38,RNWE:en&q=Evil%20Drug%20companies&sa=N&tab=wi

Check out this article from the New York Times regarding the changes to the Medicare program, and the new problems.
http://www.nytimes.com/2005/12/01/politics/01medicare.html?emc=eta1

As you may recall this change effective Jan 1 is awful for seniors, but at least drug companies will benefit. This program was supposed to cost $400 billion, a government official was threatened with his job if he told Congress the actual cost ($550 billion) before the final close vote.

Scroll down this link to read Paul Krugman's assessment from earlier this year:
http://www.ahrp.org/infomail/05/05/06.php

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