Latest Medicare Update February 09, 2012 at 04:40 PM

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Medicare Part D - In the short run, Part D is a big scam


In the short run, Part D is a big scam (Whittier Daily news)
ONE way governments seek to undermine illegal drug operations is to crack down on their various money-laundering schemes. One way our government seeks to enrich legal pharmaceutical operations is to create its own money-laundering scheme.

Liberty Medical posts Medicare sales windfall (The Palm Beach Post)
Port St. Lucie-based Liberty Medical Supply has doubled its pharmacy business since it started pitching mail-order drugs to Medicare Part D-eligible seniors in January, news that drove its parent company's stock price up almost 5 percent Wednesday.

Industry Insider: Medicare Part D may be behind drug-sales increase (The Star-Ledger)
Sales were unexpectedly sprightly for most of the big pharmaceutical companies in the past quarter, and some analysts wonder whether the new federal prescription drug benefit for Medicare recipients is responsible.


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