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Health Policy Report
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Volume 348:1590-1597 April 17, 2003 Number 16
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Medicare and Drug Pricing
John K. Iglehart

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For more than a decade, Medicare's administrators, backed by the White House, have made periodic attempts to reduce the excessive amounts the program pays for the relatively few pharmaceutical products that it covers, most of which are administered in physicians' offices to patients with cancer. Medicare spent $6.5 billion to purchase some 450 covered drug and biologic products in 2001; reimbursements to physicians accounted for about 75 percent of those expenditures. Efforts by the executive branch of the government to reduce these Medicare expenditures have been rebuffed by Congress, which has been reluctant to act in the face of arguments . . . [Full Text of this Article]

The Government as Purchaser

An Unsettled Policy Environment

Effect on Beneficiaries

The Controversy over Practice Expenses

In Search of a Policy

The Fallout for Oncologists


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