Seniors and Retirees

The Greatest Generation vs. Big Drug Companies

Posted by on August 1, 2006 at 09:45 AM

Who do you think deserves to benefit?

This is what happens when you let Republicans pass a bill that caters to big drug companies instead of America's seniors.

Columbia resident Mary Ann Anderson, 81, was caught by surprise even though she had carefully reviewed the plans. She knew she had to choose wisely given the long list of medications she is taking after having double bypass surgery in December.

"It was a huge success," she said of the operation. "But not having the drugs could kill me."

This month, Anderson went to the store to pick up three refills. With her coverage, the bill had been about $125 a month. Suddenly, it had more than doubled.

"You hit the limit," the pharmacist told her.

"What do you mean?" she asked, bewildered.

She quickly learned. She also learned that the $14,952 she nets from Social Security annually made her ineligible for many assistance programs, including those offered by pharmaceutical companies. She spent five days on the phone trying to find alternatives, taking detailed notes of each conversation. She contacted elected officials, federal and state, and Howard County's Office on Aging. She asked her cardiologist for samples.

Anderson is managing for the moment, thanks in part to two drug vouchers her doctor supplied and a discount card she obtained through the county. Yet she worries. Unless she can switch to a plan without a gap -- and afford its higher premiums -- she'll face the same math all over again Jan. 1.

"I'm just one of many," she said.

Campaign for America's Future has the facts:

  • Nearly 7 million Americans will fall into the doughnut hole this year.
  • Seniors hit with a coverage gap like the doughnut hole are 22% more likely to die than seniors who aren't forced to pay the sort of out-of-pocket expenses required by Part D.
  • More than half of the seniors who fall into the doughnut hole each year will never get out, since they cannot afford the expenses necessary to resume their benefits.
  • The doughnut hole will increase Medicare's costs by causing additional emergency room visits and hospitalizations.
  • Allowing Medicare to negotiate drug prices would save enough money to eliminate the doughnut hole entirely with no extra cost to the taxpayer.

That last one is really the most egregious to me. Medicare is not allowed to negotiate with drug companies under this bill - it's illegal. That's right - while big companies like Walmart can get a deal on perscription drugs, the government can't.

Democrats have a "Perscription for Change", which calls for Medicare to negociate for lower prices and:

  • Affordability: Reduce the cost of prescription drugs;
  • Simplicity: Allow individuals to choose a plan administered directly through Medicare; and
  • Reliability: Provide uninterrupted access to prescription drugs.

More information on how huge of a give-away this is to Republican special interests, here.

Comments (8) «

Just an FYI, the link for Campaign for America's Future doesn't go the the report...

1
nielsen on August 1, 2006 at 11:05 AM

Thanks! Fixed.

2
TracyJoan on August 1, 2006 at 11:27 AM

Republican logic: the sickest and least able to pay must pay the most.

The drug companies are making out like bandits screwing both the consumer and the insurance companies. (I guess the drug companies pay better bribes than the insurance industry?)

The Republicans see seniors as suckers who will continue to vote only for wedge issues and don't really care if they suffer. I wonder if those who are getting screwed by this prescription drug doughnut hole and their friends/relatives are that meek.

3
SandyH on August 1, 2006 at 11:31 AM

I'm fortunate enough to have a great medical/dental benefit package through the county I work for. I do pay a portion before taxes are taken out.

My youngest daughter was taken to the ER here. The charge for 2 Tylenol came to $108.50. No wonder our premiums continue to rise. I'm sure there will come a day when this benefit is taken away from us.

4
Esmeralda on August 1, 2006 at 12:07 PM

Many poor sick younger Americans will not reach retirement age and we give them nothing! We need a system that is fair and does not discriminate by age or political clout! We have bird flu etc. and we cannot build a flu vaccine plant. Drugs are now manufactured in China! It is time to nationalize the manufacturing of drugs and ration healthcare fairly to all if we cannot provide full national coverage!

5
forthepoor on August 1, 2006 at 12:40 PM

Big business is getting what it paid for.

6
pee-wee on August 1, 2006 at 03:04 PM

The "doughnut hole" makes no sense whatsoever. Has anyone suggested that the federal medical coverage for congresspeople have a hole in the middle of it? If our elected officials don't have it, then we shouldn't have it either. If we have it, then our elected officials should have it. Otherwise, it is a federal bill that discriminates against the citizens and should be revisited to take away the discriminatory part.

7
Rally on August 1, 2006 at 04:11 PM

I own a small drugstore in Minnesota and I see how many people struggle with the high cost of medication every day. I only see the drug companies getting richer. This Medicare plan is a mess, with only the insurance companies, drug companies and large chain pharmacies benefiting. Small drug stores like mine are struggling to survive. Even with the help of a feature on the CBS national news in November about my low drug prices I have trouble paying the wholesale drug bill. Also, because of our republican governor (he cut our state funded insurance) my family lost our health insurance. As I see it large corporations are the only ones benefiting from the Medicare Part D drug plan.

8
borgdrug on August 10, 2006 at 09:02 PM


« Hide Comments

Comments are now closed for this entry.