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Old 12-03-2014, 09:48 AM
Ike Bana Ike Bana is offline
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Join Date: Nov 2013
Posts: 8,310
Quote:
Originally Posted by barbara View Post
The senior population can thank the administration that brought us Medicare reform for the strangle hold the pharmacy companies have on us. There was a clause in that legislation that restricted negotiating for lower price drugs from competing foreign companies. The selling point was that foreign pharmaceuticals are not regulated as stringently. The reality is that many of the drug companies produce for both countries using the same regulations.
I'm assuming you're talking about the 2003 MMA that was passed by the Congress. So we can't blame the whole thing on the Bush administration, since it would not have skunked it's way through the Congress without the yea votes from a number of Democrats in both houses.
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