drug company shenanigans, the blogs continue
As an addition to the long list of prior blogs on drug company malfeasance (see link at end), there were a couple of relevant articles recently (since I have not railed against drug companies for awhile) 1. the Office of the Inspector General of US Dept of Health and Human Services released a 13-page report on dramatic increases in Medicare spending on meds (see http://oig.hhs.gov/oei/reports/oei-02-16-00290.pdf ), with my commentary embedded in the major points: --Medicare spending for Part D increased at $10 billion/yr from $51 in 2006 to $137 billion in 2015 (and $16 billion just from 2014-15). --one issue to me is that though Part D is a great help to many people (over 40 million beneficiaries in 2014), it was constructed by Bush to funnel the drug benefits through commercial pharmacies. And this is despite the fact that the feds have access to really cheap drugs (the cost of many generics ...