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Drugs for Poor People Makes Medicare Windfall Profits for Big Pharmaceuticals

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At www.nytimes.com

The windfall, which by some estimates could be $2 billion or more this year, is a result of the transfer of millions of low-income people into the Bush Medicare drug program. Under that program the prices paid by insurers, and eventually the taxpayer, for the medications given to those transferred are likely to be higher than what was paid under the federal-state Medicaid programs for the poor.

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At www.nytimes.com


 

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