As a retiree who watched President Obama's health-care speech, I hope that any reform bill Congress passes this year improves Medicare Part D prescription drug coverage. There are several things we should do:
1) Allow Medicare to negotiate volume discounts with drug manufacturers. Veterans Affairs can do this and its medicines cost 58 percent less.
2) Close the doughnut hole. I think it is wrong that many seniors must pay full price for their prescriptions while still paying their full monthly premiums
3) End the taxpayer subsidies to private insurance companies that operate Medicare Advantage programs. I've read that we pay these companies 20 percent more than it would cost Medicare to serve them directly. Sounds like corporate welfare to me.
N.C. Alliance for Retired Americans