Tuesday, August 16, 2011

Law Markers Eye Medicare Benefits

"Medicaid gets much deeper discounts on many prescription drugs than Medicare, in part because Medicaid discounts are set by law whereas Medicare prices are negotiated by private insurers and drug companies, federal investigators said Monday in a new report" That's the report from the NYTimes. "The report, from the inspector general of the Department of Health and Human Services, could be used by lawmakers trying to cut drug prices as Congress looks for ways to rein in the cost of Medicare under the new deficit-reduction law." Read more. The question: How will this new information influence payments for eye products?

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