In a major victory for the pharmaceutical industry, the Senate Finance Committee on Thursday shot down legislation to provide seniors full coverage through the controversial coverage gap in Medicare’s prescription drug benefit.
The proposal, sponsored by Sen. Bill Nelson (D-Fla.), would have closed Medicare’s so-called “doughnut hole,” which forces millions More…
In the middle of June, the White House forged a deal with the nation’s largest drug makers. As part of the bargain — under which the pharmaceutical companies offered $80 billion over 10 years in reduced drug costs to seniors and the government — the administration vowed to More…
That’s what Ryan Grim at The Huffington Post is reporting this morning, having unearthed what purports to be a memo outlining a secret deal cut between the White House and the pharmaceutical lobby over health reform legislation.
It says the White House agreed to oppose any congressional efforts
Sens. Byron Dorgan (D-N.D.) and Olympia Snowe (R-Maine) just shot out a statement reacting to the recent deal cut between the White House and the pharmaceutical industry to trim prescription drug costs for millions of Medicare patients. Here’s a hint: They’re not terribly impressed.
“Even with PhRMA’s offer to More…
President Obama today made official an $80 billion deal with the pharmaceutical industry to cut prescription drug costs for the nation’s seniors.
As it is, Medicare patients are forced to pay the full cost for their prescription drugs when annual expenses fall between $2,700 and $6,154. Under the new More…
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