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Title : Waxman Investigates Business Office D Medicare Drug Plans

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Waxman Investigates Business Office D Medicare Drug Plans

When the Democrats took over the Congress I pointed out that non exclusively would they launch a health attention legislative agenda of their ain but they would also focus on the oversight of existing health attention policy.

Their greatest involvement was ever going to hold upward the novel Medicare Advantage plans in addition to the Part D Medicare drug benefit. While the Democrats don't cause got the votes to repeal either of these pop programs, they create cause got the might to touching on them inwards the budget procedure in addition to inwards their oversight activities. The House Democratic chairmen (Dingell, Rangel, Stark, in addition to Waxman) tend to hold upward to a greater extent than liberal in addition to thence many of their Democratic colleagues--particularly the lately elected Dems--and cause got a far to a greater extent than cynical sentiment of the Republican policy that has given the mortal markets a substantial stake inwards the Medicare programme (see an before shipping service on why the Democrats loathe Medicare Advantage).

So it wasn't at all surprising when House Oversight in addition to Government Reform Chair, Henry Waxman, held a hearing looking into the performance of the Part D Medicare Drug conception concluding Friday.

His specific focus was whether Part D mortal insurers are passing on the savings from drug toll negotiations or whether likewise much of those savings are beingness taken inwards profit. He heard testimony tilt that if the regime were inwards accuse of negotiating drug prices it would hold upward clear simply how much of the create goodness of lower drug prices was beingness passed on to seniors.

The dependent champaign of his offset ready of Medicare oversight hearings is somewhat surprising since yesteryear all accounts the cost of Part D to both the regime in addition to to consumers has been less than anyone originally idea it would be.

What volition brand this interesting is Waxman's hope to inquire the HMOs simply how profitable their Part D drug plans are.

But every bit I cause got said before, this is non thence much close the details of the private marketplace inwards Medicare as it is a deep philosophical job concern on the role of these powerful Democratic chairmen that the privatization of Medicare is the incorrect agency to go.

This volition hold upward the offset of many attacks on the privatization of Medicare inwards grooming for an fifty-fifty to a greater extent than straight ready on on what was a centerpiece of Republican wellness attention policy--using the mortal marketplace to "modernize" Medicare.

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