Tue Feb 12, 2013, 10:34 PM
Plausible (392 posts)
16 replies, 1903 views
Why is Obama offering to make cuts to Medicare? I am so disappointed. (Original post)
|Jackpine Radical||Feb 2013||#1|
|Jackpine Radical||Feb 2013||#10|
|The Velveteen Ocelot||Feb 2013||#2|
|NYC Liberal||Feb 2013||#7|
Response to forestpath (Reply #8)
Wed Feb 13, 2013, 12:24 AM
Jackpine Radical (45,274 posts)
10. The VA negotiates drug prices, as do private insurance cos.
The Republicans insisted on no negotiating, forcing Medicare to pay full price, as a payoff to the drug cos. when the drug benefit was included in Medicare in the Bush years.
Response to Jackpine Radical (Reply #10)
Wed Feb 13, 2013, 02:09 AM
Samantha (9,074 posts)
11. It is written into the law Bush* passed
"Dozens of plans are available in every state. They charge different premiums and co-payments and cover different drugs. The 2003 Medicare law explicitly prohibits the federal government from negotiating drug prices or establishing a list of preferred drugs. (emphasis added)
Representative Nancy Pelosi, the California Democrat who is in line to become the House speaker, has said the House will take up legislation to repeal that ban in its first 100 hours under Democratic control. Senate Democrats have expressed a similar desire. The eight Democrats newly elected to the Senate all say Medicare should have the power to negotiate with drug makers."
That is why Medicare Part D is sometimes referred to as Bush's gift to the pharmaceutical companies. Dems have championed over the years getting that part of the law repealed to save money. Maybe President Obama can get somewhere with that, but it will be difficult because it will have to be with little or no Republican support.
Response to Myrina (Reply #12)
Wed Feb 13, 2013, 10:55 AM
Recursion (50,234 posts)
14. Because that word means something, and accurately describes SS and Medicare?
I have no idea why DU keeps pretending it means something other than it does.