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one excellent thing in hr3962:

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Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-10-09 04:05 AM
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one excellent thing in hr3962:
Medicare Part D - Drug Price Negotiation

The bill repeals current law and directs the Secretary of Health and Human Services (HHS) to negotiate drug prices with drug manufacturers in Medicare's Part D program. The bill retains the current law's prohibition on establishment of a national formulary.

Medicare Part D - Coverage Gap

Beginning with a $500 reduction in 2010, the bill eliminates the "doughnut hole" with a complete phase-out by 2019. The bill pays for the elimination of the gap with funds raised by requiring drug manufacturers to provide Medicaid rebates for drugs used by full dual eligibles. It also incorporates a voluntary agreement with the drug manufacturers to provide discounts of 50% for brand-name drugs used by Part D enrollees in the Part D "doughnut hole," beginning in 2010.

http://www.medicalnewstoday.com/articles/169828.php.
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