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Bush drug plan beats cost mark
The Washington Times ^ | 08-16-10 | Stephen Dinan

Posted on 08/16/2010 6:29:09 PM PDT by GOP_Lady

click here to read article


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To: GOP_Lady

Bush’s prescription plan employed market forces. I remember Tom Delay saying this would happen. On the other hand, Obamacare doesn’t have a thing to do with market forces so costs are doomed to soar out of control.


21 posted on 08/16/2010 7:19:26 PM PDT by upsdriver (ret.)
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To: Southack

22 posted on 08/16/2010 7:21:44 PM PDT by GOP_Lady
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To: GOP_Lady

Thank you president bush for being awesome.

To his critics faux conservative and liberals— shame on you.


23 posted on 08/16/2010 7:24:25 PM PDT by lonestar67 (I remember when unemployment was 4.7 percent)
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To: kristinn
It helps explain the profound silence on the program. Now to see if it has helped rein in Medicare costs by keeping seniors healthier longer.

Imagine if Bush could have gotten his Social Security reforms(partial privatization) through congress.

24 posted on 08/16/2010 7:27:19 PM PDT by upsdriver (ret.)
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To: Kaslin

W PING! :-)


25 posted on 08/16/2010 7:31:21 PM PDT by GOP_Lady
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To: lonestar67

26 posted on 08/16/2010 7:33:31 PM PDT by GOP_Lady
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To: impimp1
It sound as though you are a socialist.

No, but I will pay for something I believe is a great good.

I deal with the elderly nearly every day, and this drug program is worth every penny we spend...all 1.6% of the budget.

Porkulus would have paid for this program for nearly fifteen years......

27 posted on 08/16/2010 7:33:39 PM PDT by A.Hun (Common sense is no longer common.)
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To: impimp1
It sound as though you are a socialist.

I think most would prefer no government involvement but the mood in the country at that time was that there would be a prescription drug plan. Better to have a program that works than the crap Democrats propose. George Bush campaigned on his plan and followed through as promised.

28 posted on 08/16/2010 7:34:38 PM PDT by upsdriver (ret.)
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To: All

I wonder if Rush will mention this article tomorrow?


29 posted on 08/16/2010 7:37:03 PM PDT by GOP_Lady
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To: GOP_Lady
Four years into full operation, President George W. Bush's Medicare prescription drug program is coming in well below its projected cost, giving hope to backers of the new health insurance law that it, too, could beat budget expectations.

Why would this give them hope? The Medicare Part D program is privately administered and the companies compete for business - innovative, trying to keep costs down while increasing services. Hardly comparable to the Obamacare model. The entire Medicare Program should be reformed into the same model and then ultimately privatized under this model - allowing for purchases across state lines to prevent state monopolistic setups (like the current "private" regular health insurance is currently set up) so there is incentive both for lowering costs and at the same time providing better and ever improving services as the companies compete for business. Services would get better, costs would go down, and burdens would be lifted from the taxpayers and get the government phased out of being directly involved in things it cannot do efficiently and never should have been involved in to begin with on such a scale. But then again...that probably makes too much sense for Congress to pass such a thing.

30 posted on 08/16/2010 7:44:31 PM PDT by Republican Wildcat
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To: upsdriver

Exactly. The Democrats would not go along with that even with the proposal to lift the cap on the SS taxes to eliminate their “loss of revenue” concern. The fact of the matter is that they did not want people acting independently from the government - revenues were an irrelevancy.


31 posted on 08/16/2010 7:47:50 PM PDT by Republican Wildcat
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To: upsdriver

Exactly. The comment in the article that this gives reason to think Obamacare might also come in under projections is absurd. The way the systems are designed and the principles behind them are completely at odds.


32 posted on 08/16/2010 7:49:29 PM PDT by Republican Wildcat
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To: upsdriver

Excellent insight and worth repeating again and again.

What few people realize, mainly because they’re not elected representatives, is that sometimes politics is the art of the lesser evil.

If spending is coming down the pipeline and you cannot stop it, you can at least head it in the right direction.

That happens more often than not and you have to get ahead of the herd to do that.

Instantly you’re called a RINO.

No one says, “Wow, we could have fallen off the cliff.” They say, “You, traitor! Why did you turn the wheel at the last minute!”


33 posted on 08/16/2010 8:29:28 PM PDT by 1010RD (First Do No Harm)
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To: GOP_Lady

My parents are 78 and 80. Generic drugs and Walmart Pharmacies work just fine. Get a 3 month prescription, 20 bucks!


34 posted on 08/16/2010 8:31:39 PM PDT by poobear ("The greatest tyrannies are always perpetrated in the name of the noblest causes." -- Thomas Paine)
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To: poobear

Yes, that’s wonderful for generic drugs.

My parents are 75 and 80 and still going strong, thank God! :-)


35 posted on 08/16/2010 8:36:48 PM PDT by GOP_Lady
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To: GOP_Lady

Part of why the program cost less than expected was that it included competition and choices. The drug plan was pushed on the Bush presidency by folks like Tom Daschle and the lackeys at MSM. But they turned the tables and made it cheaper and beter - now Obama wants to kill it.


36 posted on 08/16/2010 8:42:48 PM PDT by q_an_a (a)
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To: Republican Wildcat

Yep, most any program the Democrats propose has more to do with control than solving problems. In fact, their program usually creates more problems.


37 posted on 08/16/2010 8:51:22 PM PDT by upsdriver (ret.)
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To: kristinn; GOP_Lady

Thanks for the ping, Kristinn and thanks for the post, GOP.
I am glad I had the rare opportunity to be here for this.

In 2005 the estimated cost to taxpayers was $926 billion.
By 2006 it had dropped to $797 billion.
In 2008 the cost had dropped 12% to $44 billion at the end of the fiscal year.

2-9-05 — Medicare drug benefit to cost $720 billion over 10 years
http://www.usatoday.com/news/washington/2005-02-09-medicare-drugs_x.htm

5-06 — Medicare drug benefit viewed as a work in progress
http://www.accessmylibrary.com/coms2/summary_0286-15426944_ITM
The cost of the drug benefit has declined from a projected $737 billion over 10 years to $675 billion. Projected cost for 2006 will be $30.5 billion, 20% less than the $38.1 billion originally estimated.

5-8-06 — Online discussion of the drug benefit
Scroll down to Dunn Loring, VA
http://www.washingtonpost.com/wp-dyn/content/discussion/2006/05/08/DI2006050801215.html

11-08 — Medicare Drug Plan Spending Drops $6B in 2008
http://www.agingcare.com/News/133484/Medicare-Drug-Plan-Spending-Drops-6B-in-2008.htm
…spending dropped by 12% to $44 B in fiscal year ending 9-30-08


38 posted on 08/16/2010 8:53:15 PM PDT by Just A Nobody ( (Better Dead than RED! NEVER AGAIN...Support our Troops! Beware the ENEMEDIA))
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To: 1010RD

I despise the overuse and misuse of the term RINO. It has become a pejorative used to stifle debate. The left doesn’t wholly own political correctness. Also, it is my suspicion that many of those accusing someone of being a “Republican in name only” are not even members of the Republican party.


39 posted on 08/16/2010 8:57:43 PM PDT by upsdriver (ret.)
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To: Just A Nobody

Thanks for the great info, you’re not Just A Nobody!


40 posted on 08/16/2010 8:58:47 PM PDT by GOP_Lady
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