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'Discount' cards merely compensate for price hikes

by Dave Konkel [Moderator] / July 1, 2004 12:13 AM PDT
Drug prices rise, offsetting savings of card program.
(Chronicle login: semods4@yahoo.com; pw = speakeasy)
>> Drug makers raised prescription prices by nearly triple the rate of inflation in the first three months of this year -- just before Medicare began its pharmacy discount card program -- negating much of the savings the government promised to seniors, according to an AARP survey released Wednesday.<<
In most states, if a used car dealer dealer did that before advertising a "sale," he'd go to jail!

-- Dave K, Speakeasy Moderator
click here to email semods4@yahoo.com

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Re: 'Discount' cards merely compensate for price hikes
by Evie / July 1, 2004 12:38 AM PDT
Since the program began -- after the price increases -- the lowest prices available with a discount card have been essentially unchanged for Celebrex, Fosamax and Lipitor, three best-selling drugs that The Associated Press has been tracking.

The author could have saved us the litany of increases and skipped to the bottom line. But then that doesn't make for much news now does it? Also note the historical curve. One could make "news" out of all those blips and dips.

Evie Happy
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Re: 'Discount' cards merely compensate for price hikes
by Dan McC / July 1, 2004 2:57 AM PDT

Do the phamas get a tax break or something for selling at this discount?


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Yes, gov't programs are an open invitation
by Kiddpeat / July 1, 2004 3:40 AM PDT

to cheat the government. This is not news to conservatives. Welcome aboard Dave. Have you seen the research on massive cheating in other welfare programs?

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