Lipstick on a Pig
The legislation just passed by the Senate, the Inflation Reduction Act, has been sold by Democrats as something that will save seniors a lot of money for prescription drugs. They are all puffed up about how the Medicare program will finally be able to negotiate drug prices with pharmaceutical manufacturers. It is too little too late and worse than putting lipstick on a pig.
Forty nine million Medicare beneficiaries have bought into the flawed Medicare D program that provides coverage for prescription drugs. The program was created to support the drug and insurance industries. Medicare is only a middleman because enrollees have to pay premiums to insurance companies just for the privilege of being able to buy drugs at outrageous prices.
If someone does not sign up for the program as they initially enroll in Medicare they are forced to pay a penalty. There are many other punitive aspects to the program but, for some people who take more than five or six medications daily, it may save them a little money.













