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View Diary: Prescription Drug Coverage part of Inequality in America (26 comments)

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  •  Ralphdog - and before Part D seniors purchased (1+ / 0-)
    Recommended by:
    nextstep

    prescriptions with no federal help whatsoever.

    Medicare A, B, & D are amazing benefits for seniors. The same coverage in the private market would be at least five times the cost of A, B, & D as a package. For seniors with chronic disease, the costs would even be higher.

    "let's talk about that"

    by VClib on Tue Apr 09, 2013 at 12:07:36 PM PDT

    [ Parent ]

    •  Medicare A and B, no question. But part D... (0+ / 0-)

      was carefully crafted as a wet kiss to BigPharma, explicitly blocking any use of Medicare's massive buying power to reduce obscene prescription costs, and creating the 'donut hole' as a cynical dodge to hold the total projected cost of the package below an arbitrary limit on the backs of seniors.

      If crafted instead as a direct benefit with negotiated payments (like, say, what the VA does), part D would have cost perhaps 40% less while providing much more complete benefits.

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