Topic: Drug Prices
Hiding the High Cost of Drugs, or Why the Republicans Need Medicare Part-D
Did you ever wonder why the Republican Party passed the Bill to establish Medicare Part D? Was it to make things easier for Senior Citizens? Was it to establish a Federally Funded Entitlement for the General Public as they reach Old Age?
Get real !
The Republican Party does everything within its power to eliminate Federally Funded Entitlement Programs, as well as State, County, or Municipal Entitlements. The Republican Party does everything in its power to eliminate Federal Power and any kind of Giveaway Programs. So what’s the catch?
The catch is that the Drug Prices are and were going up at such a rapid rate, to allow the Drug Companies to keep increasing their prices; they had to hide the obvious increases. How is that possible you ask? Develop a program where the people do not actually pay for the drugs any more. Develop a program where the people are forced into buying an Insurance Policy to pay for a percentage of the cost, and the individuals pay the rest and they call it a Co-Pay amount.
Now the Prescription Manufactures can keep increasing their prices and the Insurance Companies will keep paying the increased cost and the Co-Pay will go up a small amount, and not too many people will complain. Then every few months the Insurance Company will have to increase the premium they charge t cover the high cost of doing business, and the Drug companies will be free to raise prices again.
Of course much of the money will come from the millions of dollars that were set aside years ago in a program called Social Security, set up for the Senior Citizens to retire on, that the US Government has been dipping into for years. Kind of like Daddy breaking into his kid’s Piggy Banks, to get money to pay his Bar Bill. Keep in mind that Social Security never was a Federally Funded Program, but was a type of Insurance whose monies Employees and Employers contributed on a 50/50 basis, and the Government is and was supposed to be the Trustee of the fund. Soon the Social Security fund will be gone and the CEOs and Board of Directors of the Drug and Insurance companies will all be Billionaires.
It is happening while we watch
R. J. MacLachlan, Manchester. CT Feb. 19 2007
