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Alliance for Retired Americans Friday Alert, October 10, 2014

Washington, DC–(ENEWSPF)–October 10, 2014.

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Astronomical Prices of Some Cancer Drugs Hit Vulnerable Patients Hard

60 Minutes reported last Sunday on the high price of cancer drugs in the U.S. Lesley Stahl’s piece shed light on the fact that Medicare has to pay the price determined by the drug companies, since under current law, Medicare is prohibited from negotiating the prices. The report noted that some cancer patients have gone into bankruptcy in an effort to…

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