Friday, April 20, 2007

A blow to the Democrats

Unfortunately, the Senate blocked a proposal supported by the Democrats that would have allowed Medicare to negotiate lower drug prices. Considering the Department of Vertans Affairs, HMO's and private companies such as Walmart can negotiate prices, why not Medicare who has over 43 million beneficiaries?

The reason for the block: because of " 'the power of the insurance industry and the pharmaceutical industry', which spent hundreds of thousands of dollars on lobbying and advertisements against the bill."

Fortunately, "Senate would vote again on the issue, perhaps as an amendment to a spending bill or other measure."

"The fight will go on. "

And so it should.

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