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Medicare Part D facing new overhaul: Congressional leaders ready campaign to curb private Medicare drug plans.

Publication: Managed Healthcare Executive
Publication Date: 01-OCT-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Medicare Part D facing new overhaul: Congressional leaders ready campaign to curb private Medicare drug plans.(POLITICS AND POLICY)

Article Excerpt
Even though the Medicare prescription drug benefit has provided access to medicines at less-than-anticipated cost to the government--and lower out-of-pocket spending for seniors--Democrats and consumer advocates are gearing up for a battle to overhaul the program.

Critics contend that the federal government can negotiate lower prices with pharmaceutical companies than those obtained by private insurers sponsoring prescription drug plans (PDPs). The reformers also charge that the program is too complex and confusing for elderly beneficiaries and that the infamous "donut hole" is...

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