Price Comparison for Drugs Is Put on Federal Web Site
By ROBERT PEAR
Published: September 16, 2004
WASHINGTON, Sept. 15 - Over objections from some drug companies, the Bush administration unveiled a new feature of a federal Web site on Wednesday comparing prices for similar brand-name drugs that can be used to treat conditions like high blood pressure, high cholesterol, arthritis and allergies.
The information, compiled originally for Medicare beneficiaries, is available to all consumers at www.medicare.gov.
Federal health officials said that doctors and patients could use the data to choose less expensive drugs providing benefits similar or identical to those of high-cost medications.
"We are creating greater competition among drug companies and giving seniors more power to compare prices and choose the lowest-cost medicine that's right for them," said Tommy G. Thompson, the secretary of health and human services.
The new aid to consumers became available as President Bush and his Democratic opponent in the presidential race, Senator John Kerry, continued to fight over Medicare and the votes of millions of elderly people who rely on it for health insurance....
http://www.nytimes.com/2004/09/16/politics/16drug.html