New Bush Medicare Plan To Give Drug Industry Extra $2B In Profits...
Knight Ridder Tony Pugh February 3, 2006 at 02:47 PM
READ MORE: George W. Bush
The new Medicare drug benefit will give drug companies up to $2 billion in extra profits this year because they're no longer required to pay rebates on drugs bought by the government for the elderly poor.
The hefty windfall raises new concerns that the Bush administration won't fully realize its promises of lower drug prices in the troubled new program.
READ WHOLE STORY
READ MORE: George W. Bush
The new Medicare drug benefit will give drug companies up to $2 billion in extra profits this year because they're no longer required to pay rebates on drugs bought by the government for the elderly poor.
The hefty windfall raises new concerns that the Bush administration won't fully realize its promises of lower drug prices in the troubled new program.
READ WHOLE STORY
posted by Kangaroo Brisbane Australia at 3:09 PM
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