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Showing posts with the label Drug Prices

PHARMA Boss Tauzin Quits

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This should give a lot of people some sort of glee . Billy Tauzin, the former Louisiana congressman, is resigning as president of the drug industry trade group Pharmaceutical Research and Manufacturers of America amid internal disputes over its pact with the White House to trade political support for favorable terms in the proposed health care overhaul. As the industry’s top lobbyist, Mr. Tauzin brokered the deal with the White House and Max Baucus, chairman of the Senate finance committee, last summer to limit the drug industry’s total costs under the proposed health care overhaul to $80 billion over 10 years. And guess what was a contributing factor to him pulling a Palin? Mr. Tauzin’s departure is the latest unexpected fallout of the Republican upset in the Massachusetts Senate race, which abruptly transformed the health care overhaul from a near-inevitability to a daunting cause. The strong possibility of (meaningful) reconciliation in the health insurance bill coupled now w...

Health Care Reform Chronicles Thread #1 For 12/11/09: Oh Harry And His "Spine" Showing Corruption

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It is pretty amazing how the "spineless" label gets placed on Senate Majority leader Harry Reid, when the thing most concerning about him is his sneaky corporate ways. The latest evidence that you are about to read further exhibits the treachery he can bring on the nation. First, take a look at this : A loophole in the Senate health care bill would let insurers place annual dollar limits on medical care for people struggling with costly illnesses such as cancer, prompting a rebuke from patient advocates. The legislation that originally passed the Senate health committee last summer would have banned such limits, but a tweak to that provision weakened it in the bill now moving toward a Senate vote. But this was suppose to never happen, and Obama certainly didn't want that at all: When President Obama gave his speech on health care on September 10 , he promised that there would be no limit on lifetime benefits under the health care bill: They will no longer be able to plac...