Medicare Is Under Attack By The Greedy

"Medicare, the largest health care payer in the nation, is also the single biggest source of revenue for pharmaceutical companies. Since Medicare’s creation, federal law has restricted the program’s coverage to items and services that are “reasonable and necessary.” Legislation introduced earlier this year, however, takes aim at Medicare’s foundational discretion to decide whether to cover a new product. These efforts are misguided—Medicare cannot and should not automatically cover every drug or device approved or cleared by the US Food and Drug Administration (FDA). Medicare’s ability to decline, limit, or condition coverage of medical products that lack robust evidence is crucial to safeguarding taxpayer dollars and protecting public health."

Click on the link below for more:

Protecting Medicare’s Discretion to Say No to Unproven Therapies

"Big Pharma": The Bad And The GOOD

"Valid criticism of the pharmaceutical industry often snowballs into demonization, leading conspiracy theorists to promote an alternative that is simply hypocritical."

Click on the link below for a balanced presentation of the drug industry, with its warts, but also its tremendous good works:

What the "Big Pharma" Accusation Gets Right (And Wrong) About The Drug Industry