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Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1492  
Subject: Re: Why the Part D Rx plan jigsaw puzzle? Date: 11/13/2007 6:39 PM
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<<The prescription plan is a major give away to the pharmaceutical companies. Included is a ban on Medicare negotiating drug prices. It only passed because of a very coercive vote which violated many Congressional rules.

Debra
>>


In the 1965 Congressional contest to enact Medicare, it was DEMOCRATS who agreed to pretty much pay the going rate to doctors and hospitals in order to gain the political support of doctors and hospitals. No such deal, no Medicare.

In the early 1980s, Democrats went back and rewrote that deal, giving docotors and hospitals only minimal reimbursement rates that some don't accept at all, and which results in costs being shifted to private paying patients.


In short, Democrats made the same deal in 1965 that Republicans did to get the drug coverage passed. I don't doubt that that deal will be cheapened in the years ahead, since Democrats want to buy services, but not to pay a fair rate for them.


You have spent too much time listening to left wingers complain about the facts of life of politics.




Seattle Pioneer
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