In a letter to Congress, members of the Texas Conservative Coalition expressed their strong support for Medicare Part D, pointing out that:
“Analysis by the Congressional Budget Office shows that Part D has cost $349 billion (45%) less than initially projected. This is a rare positive outcome from a government program, largely attributable to Part D’s market-centered pricing mechanisms and its “non-interference” clause, which prohibits the government from interfering in private price negotiations between Medicare Part D plans, drug manufacturers, and pharmacies.”
The letter goes on to urge Congress to remain vigilant and to prevent executive agencies, including the U.S. Department of Health and Human Services and the Centers for Medicare and Medicaid Services, from adopting rules that would undermine Medicare Part D.
Read the full letter here.