Latest Medicare Update December 02, 2008 at 08:05 AM

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Medicare Part D - Medicare drug plan overhaul stalls in Senate (Arkansas News Bureau)


Medicare drug plan overhaul stalls in Senate (Arkansas News Bureau)
By Aaron Sadler Stephens Washington Bureau WASHINGTON - A Senate setback on a bill to require the government to negotiate Medicare Part D drug costs with pharmaceutical companies failed to stop Sen. Mark Pryor, D-Ark., and others Wednesday from trumpeting the proposal.

Senate GOP blocks Medicare Part D negotiation bill (The Hill)
Senate Republicans Wednesday blocked legislation that would allow the government to negotiate drug prices for the Medicare prescription drug benefit. Democrats fell four votes short of the required 60 to invoke cloture.

New Report Shows Prices for Top Medicare Part D Drugs Grew by 9.2 Percent in Past Year (U.S. Newswire via Yahoo! News)
Contrary to repeated assertions by the Bush Administration that the Medicare Part D prescription drug program would bring down pharmaceutical prices, a report released today shows quite the opposite has occurred. According to the report, Part D prices of the most-prescribed drugs for seniors rose steeply last year.

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