Subject: [Homestead] False price competition vs. real price competition
Date: Sat, 02 Oct 2004 11:32:16 -0700
tvoivozhd---more delaying action to avoid doing something effective in
reducing drug prices in the United States by comsumers buying in the
world market instead of being confined to the artificially high prices
prevalent in the U.S...
"Over objections from some drug companies, the Bush administration
unveiled a new feature
<http://www.medicare.gov/AssistancePrograms/home.asp?version=alternate&browser=Default%7C0%7Cunknown&language=English&defaultstatus=0&pagelist=Home&dest=>
of a federal Web site on September 15, 2004, comparing prices for
similar brand-name drugs that can be used to treat conditions like high
blood pressure, high cholesterol, arthritis and allergies. The
information, compiled originally for Medicare beneficiaries, is
available to all consumers at www.medicare.gov
<http://www.medicare.gov>. Federal health officials said that doctors
and patients could use the data to choose less expensive drugs providing
benefits similar or identical to those of high-cost medications. 'We are
creating greater competition among drug companies and giving seniors
more power to compare prices and choose the lowest-cost medicine that's
right for them,' said Tommy G. Thompson, the secretary of health and
human services." - Source
<http://www.nytimes.com/2004/09/16/politics/16drug.html?ex=1252987200&en=6143e8a0f5c290b2&ei=5090&partner=rssuserland>
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[Homestead] False price competition vs. real price competition,
Tvoivozhd, 10/02/2004