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News of the Day ... in Perspective

12/02/2003

Daschle wants to repeal free-market elements of Medicare expansion

Senate Minority Leader Tom Daschle (D-SD) has already introduced legislation to repeal “flaws” in the giant Medicare expansion.

The bill, called the Medicare Preservation and Drug Price Fairness Act (S. 1974), repeals the new Health Savings Account (HSA) provisions and the demonstration projects that would allow private plans to compete with Medicare.

It would also allow Medicare to “negotiate” with the pharmaceutical industry for lower drug prices, which is prohibited by language in the current law.

See www.modernphysician.com/printwindow.cms?newsId=1519&pageType=news

Additional information:

Text of the bill that passed

Statement by Rep. Garrett of NJ on the effect of the drug entitlement on future generations.

The 25 House Republicans who voted against the bill.

Huntoon Lampoon - Medicare Pac Man

News of the Day Archive