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Drug prices stable for Medicare patients, report shows
Visialia Times-Delta

Prescription drug prices did not increase for other Medicare consumers after pharmaceutical companies gave the government discounts to help seniors deal with a gap in benefits known as the “doughnut hole,” a new report shows.

The Government Accountability Office, the non-partisan watchdog arm of Congress, found that prices for brand-name drugs used by Medicare beneficiaries increased at a similar rate before and after the government required discounts in January 2011.

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