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U.S. government interference for negotiating drug prices unwise

The Arizona Daily Star has the story.

The U.S. House of Representatives recently passed a bill requiring the secretary of health and human services to "negotiate" Medicare prescription drug prices. The idea appears simple: The government would use its bargaining clout to force pharmaceutical companies to give seniors deep discounts. The idea, however, is neither simple nor realistic. Nor is it needed, given the success of Medicare Part D.

Posted by Editor at January 22, 2007 06:22 AM

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