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Coalition of 26 Groups to Congress: Oppose Medicare Part D Rebate Proposals

June 21, 2016

Health Care News reported in July 2016:A coalition of 26 pro-consumer, pro-patient organizations have asked Congress in a letter to reject a “de facto tax increase on America’s seniors” characterized as a “rebate” by President Barack Obama’s 2017 budget

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Health Care News reported in July 2016:

A coalition of 26 pro-consumer, pro-patient organizations have asked Congress in a letter to reject a “de facto tax increase on America’s seniors” characterized as a “rebate” by President Barack Obama’s 2017 budget proposal.

Obama’s requested budget would permit the federal government to interfere with negotiations between insurers and pharmaceutical companies, reversing free-market mechanisms that have caused Medicare Part D to cost 45 percent less than originally projected, according to the letter.

Additionally, Obama’s budget would force drug companies to pay Medicare, the letter states.