To: NittanyLion
"Do you fully understand the consequences of this? Seniors who currently have coverage may very likely end up with worse coverage than they currently enjoy. Profit margins of pharma companies will be negatively impacted, and as a result less money will be available to reinvest in R&D. Major long-term damage to pharmaceutical innovation will be the legacy of this bill. (Not to mention more income redistribution)"
OTOH, the Democrats say that this bill is a huge giveaway to the pharma companies and protects their pocketbooks. That was one of their reasons against the bill. They wanted to force drug prices down through various govt coercive means. hmm.
109 posted on
11/22/2003 11:23:46 AM PST by
WOSG
(The only thing that will defeat us is defeatism itself)
To: WOSG
OTOH, the Democrats say that this bill is a huge giveaway to the pharma companies and protects their pocketbooks. As usual, the Democrats are wrong. This bill will hurt pharma companies' profit margins.
120 posted on
11/22/2003 12:13:39 PM PST by
NittanyLion
(Character Counts)
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