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Friday, November 5, 2010

Cost of prescriptions to go up under Affordable Care Act

A misleading report from the Dept. of Health & Human Services claims that the average Medicare beneficiary will save $3,500 a year in out-of-pocket health care costs under the Affordable Care Act.

But a report issued by the non-partisan Congressional Budget Office asserts that the Affordable Care Act will allow pharmaceutical companies to increase their prices for drugs that are purchased through Medicare.

So they give you a nickel while they are stealing dollars out of your back pocket!

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