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Waxman Tackles Fraud in Pharma Pricing Today

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CorpGovActivist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 06:51 AM
Original message
Waxman Tackles Fraud in Pharma Pricing Today
"Friday, February 9: Allegations of Waste, Fraud, and Abuse in Pharmaceutical Pricing: Financial Impacts on Federal Health Programs and the Federal Taxpayer
The goal of the hearing is to examine whether there are fraudulent, abusive, or wasteful pharmaceutical pricing practices that affect federal health programs such as Medicaid, Medicare, and the Public Health Service '340B' program that should be the subject of additional congressional oversight."

http://oversight.house.gov/schedule.asp

http://oversight.house.gov/

FYI...

Best to all,

- Dave
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radfringe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 07:16 AM
Response to Original message
1. he's putting alot on his plate, but then
he did say it was like a buffet.. :rofl: :popcorn:
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CorpGovActivist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 05:47 PM
Response to Reply #1
6. Much of This Work Will Tranisition...
... to the relevant sub-committees.

I think Chairman Waxman is just emphasizing the point that "oversight is back" by having the full committee hold hearings on some of these blockbuster issues.

- Dave
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conscious evolution Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 07:49 AM
Response to Original message
2. This could be interesting.
I gotta say,big pharma and their criminal activities have never been high on my list of priorities of things to pay attention too.I'm sure Rep Waxman will enlighten me as to why I,and others, should be paying attention.
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halobeam Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 08:09 AM
Response to Reply #2
3. There are so many issues going on at once,
I understand what you mean. I'm sure if you pay attention to the hearing today, as you stated, you will be shown "why" this matter is just another one that needs oversight and accountability..as does everything else going on these days.

People can't afford to take medicine. They have to chose between food and heat/electric and meds. Nice choice. While we are being robbed in everyone of these areas. It's disgusting and it's cause for serious investigation and punitive action.
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conscious evolution Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 08:22 AM
Response to Reply #3
4. I wish I could watch it.
Too damned busy today.
And I will not catch the reruns on C=Span tonite either.My herd is gathering tonite.My favorite band is playing and I need my Donna fix.
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CorpGovActivist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 05:46 PM
Response to Reply #2
5. The Cost of Federal Employees' Prescriptions Alone...
... is enough to make every taxpayer care.

- Dave
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conscious evolution Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 06:08 PM
Response to Reply #5
8. Heard that
It made me cringe.
Had a schedule change today so I was able to halfway listen in.What caught my ear was when they were talking about how many ways there are to commit fraud and how some businesses were set up from fraudulent business models in order to take advantage of this fact.
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CorpGovActivist Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-09-07 05:54 PM
Response to Original message
7. Hearing Docs Link
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