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Senate Dems push For Medicare Drug Savings
25, 2011--During a hearing this week, Senate
Democrats, including Aging Committee
Chairman Herb Kohl, D-Wis., advanced the
causes of certain policies to control drug
costs and reduce deficit spending.
Modern Healthcare: Senate Dems Continue
Push To Curb Medicare Drug Costs
Senate Democrats used a hearing on Medicare
drug policy to add to the drumbeat calling
for cuts to Medicare drug spending as part
of any deficit-reduction deal. "In 2010,
Americans spent more than $300 billion on
prescription drugs and a third of that was
paid for by Medicare or Medicaid," Sen. Herb
Kohl (D-Wis.), chairman of the Special Aging
Committee, said at the panel's Thursday
hearing. "Left unchecked, these costs
threaten our country, our economy and every
American family" (Daly, 7/21).
CQ HealthBeat: Kohl Presses For Drug
Senate Aging Committee Chairman Herb Kohl,
D-Wis., held a hearing Thursday to outline
nine different policies for controlling drug
costs and reducing deficit spending. The
hearing came on a day when one of the nine
proposals, a bill to prevent agreements
between brand-name and generic drug
companies that would delay the introduction
of the lower-cost drugs, was approved by the
Senate Judiciary Committee. Kohl said
Americans spent $300 billion last year on
prescription drugs, with Medicare and
Medicaid picking up one-third of the tab.
Under current policy, "experts predict that
drug costs will nearly double in the U.S.
over the next 10 years," he said (7/21).