Subsidies

November 26, 2003

Welcome to the age of subsidies for drug companies at the expense of our elders! I took a look at the actual letter

with the cost projections over the next ten years. It is staggering! A net cost of 122.1 billion over the next four years, and 394.3 billion from ’04-’13.

[ Yahoo! News – Analysts: Medicare Drug Costs Will Rise ]
“Seniors will face annual increases in premiums and deductibles — and a growing gap in coverage — for the prescription drugs they buy under the new Medicare law, budget analysts say.”

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