Medicare Part D: Leave It Alone!

Medicare Part D:  Leave It Alone!

In October, Americans for a Balanced Budget, along with sixteen other organizations, signed an open letter to Congress requesting Medicare Part D be left alone.

Recently, President Obama and Democratic leaders have suggested implementing mandatory rebates, or price controls, in the program, which will essentially destroy the free-market aspect of Part D.

“Rather than work with Republicans to try and improve and strengthen Medicare, President Obama and Vice President Joe Biden have now put forth yet another alarming proposal they hope you won’t find out about.  At the Vice Presidential Debate, Biden made the case for a new $156 billion tax on Medicare Part D, the prescription drug benefit program which has successfully used free market principles to provide drugs for seniors at the lowest possible cost.”

Read the full letter here.

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