Marcia Angell
THE MEDICARE prescription drug benefit was a terrible piece of legislation. It prohibited Medicare from negotiating drug prices, even though those prices rise much faster than inflation. Containing costs was left to a few thousand private insurance companies, which also select the drugs covered and set premiums, deductibles, and co payments. Medicare simply pays the bill -- or some of ... (Full article: 741 words)
This article is available in our archives:
Globe Subscribers
FREE for subscribers
Subscribers to the Boston Globe get unlimited access to our archives.
Not a subscriber?
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $9.95 1 month archives pass
- $24.95 3 months archives pass
- $74.95 1 year archives pass
