Oversight, Shmoversight
By Bill Scher
March 6, 2007 - 3:57pm ET
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Last month, the Bush Administration began to spin that the Medicare prescription drug plan -- which does not allow Medicare to negotiate for lower drug prices -- was doing great because the private insurers were already negotiating for lower prices.
And this blog noted how the Change America Now! Campaign knocked down that spin.
This week, after a House committee requested the data from Bush's Medicare officials so it could find out how helpful those negotiations actually were for consumers, guess what?
Kaiser Network's Daily Health Care Report says Dem Rep. Henry Waxman and GOP Rep. Tom Davis requested the price data so they could determine what the discounts were and if the savings went to consumers or corporate bottom lines.
But Bush's Medicare Administrator Leslie Norwalk, who is pressing Congress to keep the ban preventing Medicare from negotiating, responded that she just can't tell them about it, claiming it would hurt the insurers' ability to negotiate.
Ridiculous. We already know what folks in the Veterans Administration program pay for drugs, because the VA has the power to negotiate and is accountable to the public. And we know it's lower than what Medicare participants pay.
This just looks like the Administration can't back up its Big Pharma-friendly spin, and doesn't want to be exposed by House oversight.
Views expressed on this page are those of the authors and not necessarily those of Campaign
for America's Future or Institute for America's Future

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