Monday, October 29, 2007

Population Control?

According to the Census Bureau, within a few years seniors will outnumber the population of American workers. While this does not bode well for government programs designed to protect seniors, it does seem there is a plan in place to deal with the problem.
Our friendly neighborhood Congress has designed a program to force our seniors to choose between healthcare and food called Medicare Part “D.”
What a wonderful program! After helping seniors begin treatment for debilitating diseases and conditions of old age, the plan has a built in safety valve popularly known as the “doughnut hole” to pull the healthcare rug out from under our seniors when they need it most.
This “doughnut hole” begins after the senior and the plan together have spent $2,400 in total yearly drug costs. At this point seniors will pay 100% of their discounted prescription drug costs until they reach $3,850 in yearly true out-of-pocket drugs costs. True out-of-pocket costs are the senior’s share of the prescription drug costs in a Medicare Part D plan; such as deductibles, copays (If applicable), and the amounts paid in the coverage gap. It does not include monthly premiums.
Medicare Part D has been a financial windfall for the pharmaceutical industry. A report, released by the Democratic staff of the House of Representatives Government Reform Committee, found prices for Pfizer Inc.’s pain reliever Celebrex, Merck Inc.’s cholesterol drug Zocor and eight other top drugs offered by 10 major plans rose during the controversial program’s first seven weeks. In some cases, drug prices rose 10 percent
Another big winner is the insurance industry. They benefit from the subsidies paid to private insurance companies to cover Medicare patients in Medicare HMO’s, which typically cost more than the government program to provide health care coverage.
Now millions of low-income seniors are finding themselves making choices between needed medicine and food, utilities, and housing. Great going, Congress, good plan! Kill off a bunch of seniors to reduce federal spending so you can vote yourselves another raise.
Don’t you just love them?
P.S. Guess who’s vote made this all possible, mister family values himself, Trent Franks.

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