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For those of us following the CT senate race, this is one more reason that Blumanthal would be just another term for Chris Dodd. What's happening is that Medicade is cutting the reimbursement for discount prescriptions. Obviously the cost of delivering those drugs will not drop , so someone must pick up the difference. The progressive solution is to have the corporation absorb the cost, which only means the non-medicade consumer ends up picking up the costs.

Corporations don't pay increased taxes and fees, consumers do.

1 posted on 06/28/2010 7:45:55 AM PDT by YankeeReb
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To: YankeeReb
"Corporations don't pay increased taxes and fees, consumers do."

Not if they don't want to. And when they don't want to in droves, the corporation pays the ultimate price.

2 posted on 06/28/2010 7:50:14 AM PDT by the OlLine Rebel (Common sense is an uncommon virtue./Technological progress cannot be legislated.)
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To: YankeeReb

How long before CVS will decide to no longer operate in Connecticut?


3 posted on 06/28/2010 7:53:16 AM PDT by ebersole
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To: YankeeReb

Yes - corporations just pass their costs on to us.


4 posted on 06/28/2010 7:57:04 AM PDT by plain talk
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To: YankeeReb

when a business announces it is changing an unprofitable practice, it is now a “threat”

Perhaps CVS should offer folks “either” their MEDICAID discount “or” the discount off full price offered to the rest of the tax paying public


6 posted on 06/28/2010 8:18:31 AM PDT by silverleaf (Those who can make you believe absurdities can make you commit atrocities.)
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To: YankeeReb

Blumenthal is an AG of the ilk that tries to make political hay by orchestrating “two minute hates”. Unless he can cite black letter law that CVS is violating he should shut up and get on to dealing with real crime.


8 posted on 06/28/2010 8:22:24 AM PDT by Paine in the Neck (Napolean fries the idea powder.)
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To: YankeeReb

I did not realize that government controls retail price strategies. hmmm


12 posted on 06/28/2010 9:06:33 AM PDT by GeronL (Just say NO to conservativecave.com, it rots your teeth!)
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To: YankeeReb

Medicaid prescriptions are ALREADY reimbursed at a massive discount. The are not money makers for CVS or anyone else.

And Blumenthal KNOWS THIS. It is fake grandstanding by this phoney.


13 posted on 06/28/2010 9:16:40 AM PDT by FormerACLUmember ("Subtlety is not going to win this fight": NJ Governor Chris Christie)
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To: YankeeReb
“Furthermore, CVS Caremark also has an obligation to charge the state of Connecticut the same discounted price for drugs for Connecticut Medicaid recipients that CVS Caremark charges to customers enrolled in the Health Savings Pass pharmacy discount program.

If Connecticut demands that they be extended the same discount CVS charges it's full-fare customers/insurance companies, wouldn't it only be fair that Connecticut fully reimburse insurance companies/hospitals for the care of illegal aliens and indigents?

15 posted on 06/28/2010 9:22:15 AM PDT by VeniVidiVici (I Don't Want Obama to Kick Ass. I WANT HIM TO GET OFF HIS ASS!!!!)
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