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Let Medicare negotiate lower drug prices

Let Medicare negotiate lower drug prices

If any members of Congress are looking for compromise instead of confrontation, the August Kaiser Health Tracking Poll offers a sure winner. Seventy-two percent of poll respondents said prescription drug prices are "unreasonable." What's more, 83 percent favor the federal government doing something about it that is eminently reasonable: They want the feds to be able to negotiate with pharmaceutical companies to get lower prices on medications for people on Medicare. Congress banned such negotiations in 2003 when it created the Medicare Part D program. The drug industry lobby has shut down attempts to lift the ban. When President Barack Obama this year sought to end the...

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