About time someone got backup right

Amendment passed could raise premium drug cost to seniors

Posted by Chet Nichols on Oct 2nd, 2009 and filed under Headlines. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Image by www.inmagine.com

Image by www.inmagine.com

According to an AP report today, Medicare recipients may be seeing an increase to the premiums of their prescription drug coverage.  A proposal passed (democrat party line vote of 13-10)  through the Senate Finance Committee would essentially create a commission that would increase drug premiums by”reductions in federal premium subsidies” to the insurance providers.  This reduction would trickle down to an increase to seniors.

Read the full story by the Associated Press here

Other articles of interest:

The Most Squalid “reform” Deal Yet

Coming:  The Economic “W”

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