These two recent CBO reports (2 x thanks to Senator Sanders) reveal the inequity is the prices paid for Medicare prescription drugs. I remember when the Part D (prescription drug benefit) legislation was passed hearing a commentator say that eventually the cost for Part D would exceed that of the rest of Medicare. That was in 2003 . . . Well, are we are there yet?
BTW, That bill was labeled as "H.R.1 - Medicare Prescription Drug, Improvement, and Modernization Act of 2003". (emphasis added.)
GAO: Medicare Part D pays twice as much for same drugs as VA
vtdigger.org/press_release/...
CBO Report: Medicare Part D pays three times more than Medicaid for prescription drugs
augustafreepress.com/cbo-re...
Full Reports are here:
And here:
cbo.gov/system/files/2021-0...
And, BTW, the next time you hear someone on a forum suggesting you take an new unproven oral version for a PCa drug as an alternative to a proven injectable, think 2 or maybe 3 times before you consider switching - because, if you are on Medicare and have Part D coverage, you will be paying for that drug under Part D rather than Part B; i.e., very deep pockets will be required to pay out of pocket for the new (unproven over the long term) version of a drug that is fully covered under Part B.
Profits before patients is the standard operating procedure for Big Pharma. Caveat Emptor is required for all patients.
Until next time, Stay Well - k9 terror
