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September 26, 2006
The Part D Debacle
So, I think most informed people would agree that the Medicare Modernization Act has turned out to be a disaster. Not only did it confuse countless seniors in this country, it screwed many financially and medically. The New England Journal of Medicine, or the "The Journal" in my world :), published two sides of the story in its recent issue. The first is essentially the party line offered by the Center for Medicare and Medicaid Services. It's pretty bland and seems harmless enough. They even admit some mistakes, a rarity in American politics these days. The second is from Rep. Louise Slaughter of NY. It made my blood boil. The cronyism in this bill, which really had little to do with the nation's health, is so frustrating. Keep in mind, the profits of the nine pharmaceutical companies in the fortune 500 are larger than the profits of the rest of the fortune 500 COMBINED. They make oil look like poor earners. It is well past time that our nation considered the merits of putting our health in the marketplace.
Posted by mattalexander at September 26, 2006 9:00 PM
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