This blog tracks aging and disability news. Legislative information is provided via GovTrack.us.
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Wednesday, July 15, 2009
The Health Care Blog: Eliminating Medication Waste in Long-Term Care Can Help the White House Pay for its Health Plan
The news of an $80 billion White House deal with drug companies to lower Medicare drug costs targets $30 billion in savings for consumers covered by Medicare Part D, but the sources of the remaining $50 billion in savings that is supposed to accrue to the government “have not been identified at the moment,” according to an Administration spokesperson.
With the Administration scrambling to find ways to pay for a much-wanted healthcare package estimated to top a trillion dollars in just 10 years, every few billion in potential savings counts. That’s why the government should take a close look at the extraordinary amount of medication waste that is literally flushed down the toilet every year in long-term care (LTC) facilities.
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The Health Care Blog: Eliminating Medication Waste in Long-Term Care Can Help the White House Pay for its Health Plan
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