Thursday, June 30, 2005

Only the Poor and Those in Ill Health will Suffer

Four specters haunt the Poor—Old Age, Accident, Sickness and Unemployment.
David Lloyd George (1863–1945), Welsh Liberal politician, prime minister

Medicaid is overpaying for drugs according to three inspector general reports. Who profits from this bureaucratic snafu? Big drug and pharmacy companies, we the people certainly do not. What will George W. Bush do? My guess, he will find a way to ensure drug manufacturers don’t suffer.

According to the Los Angeles Times, the Medicaid health insurance program for low-income and disabled people is overpaying for prescription drugs by hundreds of millions or even billions of dollars a year.

Medicaid is a federal-state partnership that has become the nation’s largest health insurer, providing coverage for an estimated 53 million Americans. It’s beneficiaries include people with AIDS, children in low-income working families and Alzheimer’s patients in nursing homes. Of course, the budget passed by Congress calls for slowing the growth of Medicaid by $10 billion over five years.

Only the poor gets hurt here. If you have over extended yourself financially, because when the health of a loved one is at stake nothing matters, your previous escape -- bankruptcy has been taken away.

Our leader says the sacrifice is worth it.

3 comments:

Devo said...

It's not usual that I'm speechless at one of your posts, Misanthrope. I think I've been ODing on negative news recently, but there doesn't seem to be all that much positive going on out there. If no positive news is available out there, I think we need to start GENERATING some. That's not to say I don't value your observatoins. I do. Immensely. Hell, I rely on vitriol for the title of my own damn site! It just gets so overwhelming sometimes.

Anyway, I just wanted to let you know that I think you're a wizard with the relevant quotes. I dunno how you do it, but they work. Very well.

Rags said...

Ditto, Devo.

If David Lloyd George were alive today, he'd surely recognize a fifth specter that haunts the poor -- Republicans.

The Misanthrope said...

Devo, I too get tired of politics. I am on vacation and I thought I would write about things other than politics, but this group just aggravates me so much. We can probably expect some big negative news around the holiday because that is the way this gang and corporate chieftains hide bad news.

I did write a CD review, but damn it, it was about government stealing property from the poor. I hate injustice. I wish I could be one of the super heroes from B2's comics so I could right the wrongs.

Yesterday, I sent a scathing note to Senator Barbara Boxer about a ridiculous e-mail she sent out.

Tomorrow something different.