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The insurance companies, which are contracted with or subsidized by Medicare, provide the coverage for prescription drug costs (Gustaitis, 2007). Just about all of these plans associated with Part D require a person to pay a yearly deductible, a monthly premium, co-payments for each prescription drug, and 100% of the drug cost while in the “gap” (Gustaitis, 2007). And the plans can change formularies whenever they want to without penalty, increasing prices on doctor prescribed drugs. As Louise Slaughter stated in her article Medicare Part D – The Product of a Broken Process in 2006, “Doctors, not insurance-company bureaucrats, should be deciding which drugs their patients need”...
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