Of all of the many poor domestic tax decisions that came out of the Bush Administration, the massive corporate giveaway that is Medicaid Part D was one of the most offensive.
A new study has found that this is a very expensive mistake. Its title: “Medicare Part D pays needlessly high brand-name drug prices compared with other OECD countries and with U.S. government programs.”
U.S. Could Save up to $16B if Medicare Part D Prices are Negotiated (WSJ)
Obama administration seeks to negotiate Medicare drug prices (Reuters)