Pharma Investments, Ventures & Law Weekly
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Medicare and Medicaid
RetireSafe Salutes Pharmaceutical Research and Manufacturers of America for Its Commitment to Cut Drug Prices and Help Seniors in the Medicare 'Doughnut-Hole'
July 12th, 2009
Today the 400,000-strong seniors group RetireSafe saluted the Pharmaceutical Research and Manufacturers of America (PhRMA) for its commitment to support legislation to cut prescription drug prices by 50 percent for seniors who fall into the Medicare Part D Prescription Drug Program "doughnut-hole." Thair Phillips, RetireSafe President, called the commitment, "a huge gift to older Americans caught in this much-discussed Medicare coverage gap." "This is an important development for seniors, and we thank PhRMA for their responsive generosity," he said. "This $80 billion pledge should directly benefit seniors on Medicare, at a critical time in their lives," Phillips...
Source: Pharma Investments, Ventures & Law Weekly (2009-07-12)
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