Monday, July 10, 2006

Market Power

That's what the drug companies got in the Medicare prescription drug program. One industry publication, RPM Report, figures that the drug companies revenue will increase by $2 billion as a result of moving 6,400,000 old folks from Medicaid - where drug companies have to charge their lowest price - to Medicare - where there is no discount granted by the companies.

What could we do with an extra $2 billion?

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