Guest guest Posted June 11, 2004 Report Share Posted June 11, 2004 http://www.zwire.com/site/news.cfm?BRD=1712&dept_id=478996&newsid=11933861&P AG=461&rfi=9 .... No card covers all prescription drugs. Seniors say the law allows drug companies to change the list of drugs they cover as often as once a week, and that card companies can raise their drug prices as often, and by as much, as they like. " You go onto the Internet to look into all the cards to see if they cover your drugs and of course they don¹t, " ... He noted that one investigation into the cards discovered " communication gaps between Medicare, the drug card sponsors and participating pharmacies, as well as hidden prices, missing drugs and conflicting answers between Medicare¹sWeb site and its hotline. " Drug prices that have risen at three times the rate of inflation have wiped out any savings the discount cards provide, Pernorio said. Large drug manufacturers, Pernorio said, " contribute millions and millions of dollars to the president and conservative congresspeople for their election. If they were to take that money and put it back into prescriptions, the senior citizens of this country would save a lot of money. " Tomorrow, I¹m going down to the Canadian Discount Store in Warwick to order three months supply from Canada at a much cheaper price than this discount card, " said Bidwell of Pawtucket, director of the Gray Panthers of Rhode Island, who emceed the press conference. Bidwell was referring to a storefront where people can order prescription drugs from Canadian pharmacies, often at significantly lower prices than available in the United States. " And I would advise any elderly to do that rather than worry about the much smaller discount they would get from the discount card. " Several of the speakers noted that while the Canadian government regulates the price of prescription drugs in that country, United States law specifically prohibits Medicare from negotiating with drug companies for lower prices. Malcolm of Ocean State Action said the Bush administration¹s discount card program " puts greed before need. It¹s a plan that sells out America¹s seniors and people with disabilities to the giant pharmaceutical companies like Eli Lily and Pfizer. " The president called this Medicare drug law a victory for seniors, but what we know is that the biggest winners are the HMOs and pharmaceutical companies, " Malcolm said. ... Quote Link to comment Share on other sites More sharing options...
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