Economic Impacts of Prescription Drug Plan
The top 20 drugs prescribed to seniors are on average 58% cheaper under the Veterans Administration, which uses its bulk purchasing power to negotiate for lower drug prices, than under the 5 largest Part D service providers.
Question to ask: If Medicare can't negotiate as well as the private plans, why is PhRMA spending so much money fighting this proposal?Source
"No Bargain: Medicare Drug Plans Deliver High Prices," Families USA, January 9, 2007. Retrieved from on December 14, 2007, from http://www.familiesusa.org/assets/pdfs/no-bargain-medicare-drug.pdf.