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Kucinich seeks to lower Medicare prescription drug costs |
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Friday, 08 August 2008 |
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Rep. Dennis J. Kucinich , D-Ohio, has introduced legislation (HR 6800) that would attempt to lower drugs costs by replacing the current prescription drug plan created by the 2003 Medicare overhaul law (PL 108-173).
The bill would allow patients to purchase drugs from an approved list of foreign countries, require Medicare to use its purchasing power to negotiate prices with the pharmaceutical industry and impose limits on prices drug companies can charge if a drug’s research and development was financed by taxpayers.
This bill also includes provisions that call for no premiums, co-pays or deductibles for drugs required by Medicare beneficiaries.
“The privatized drug plan has been given a...
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