tci Medicare Compliance & Reimbursement - 2004 Issue 8

Medicare Reform Law: Momentum Builds To Reopen Medicare Law

Democrats want cheaper drugs, Republicans want cheaper Medicare.Two Senators who voted for the Medicare bill, one Republican and one Democrat, have joined those who are pushing to remove the legislation's "noninterference" clause. That provision prohibits the government from using its purchasing clout to obtain lower drug prices from pharmaceutical companies.In their Medicare Enhancements for Needed Drugs Act, unveiled Feb. 5, Sens. Olympia Snowe (R-ME) and Ron Wyden (D-OR) also propose to withhold tax deductions for advertising expenses from drugmakers that restrict deliveries to foreign wholesalers and pharmacists to prevent them from reselling the medications to Americans. Additionally...

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