Drug makers agree to cut Medicare costs
From: The Washington Times | June 21, 2009
Drug makers agreed Saturday to spend $80 billion over the next decade to improve drug benefits for Medicare patients, a promise from a key player in President Obama’s health care reform initiative. The deal would reduce the cost of Mr. Obama’s plans to push a massive health care reform through Congress by August and caps a week in which it appeared reform plans could be derailed by the monumental cost. “The Medicare prescription drug benefit we created helped address the problem of skyrocketing prescription drug prices for millions of seniors. Today, we helped fill the gap in coverage and finished …
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