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Biotech / Medical : PFE (Pfizer) How high will it go? -- Ignore unavailable to you. Want to Upgrade?


To: Mick Mørmøny who wrote (4336)7/14/1998 6:40:00 PM
From: Barron Von Hymen  Respond to of 9523
 
zapman, what a fool. Trouble is the guy is too dumb to realize his own nonsense.



To: Mick Mørmøny who wrote (4336)7/14/1998 10:55:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 9523
 
House Panel Votes To Block Medicaid From Paying For Viagra For Poor
July 14, 1998 10:52 PM

By David Rogers, Staff Reporter of The Wall Street
Journal

WASHINGTON -- The House Appropriations
Committee on Tuesday voted to overturn a recent
Clinton administration order directing states to make
Viagra available to low-income Medicaid patients.

States can pay for Pfizer Inc.'s new impotence drug with
their own money, but lawmakers made clear they want
no federal pressure to buy it. They are leery of using
federal funds on Viagra as well.

In a series of votes, the committee first adopted a flat
ban on any federal reimbursements for Viagra for
Medicaid patients. An exemption was later made for
"post surgical" cases such as in prostate cancer. But at a
time of budget cuts in programs for the poor, the
message from President Clinton's own party was that
there are better ways to commit resources.

"If we have to choose where we put precious money,
higher priorities exist," said Democratic Rep. David
Obey of Wisconsin. The Viagra provision was added to
a $290.1 billion spending bill that has become a symbol
of how last year's balanced-budget agreement has
forced just such choices on lawmakers.

Fuel-assistance and summer-job programs for the poor
face deep cuts to pay for higher spending for the
National Institutes of Health. As much as $100 million of
any savings from the Viagra provisions would be
redirected to finance a new mentalhealth program to
help school districts serve children with emotional
disorders.

The underlying bill, funding the departments of Labor,
Education, and Health and Human Services, was one of
four spending measures in play Tuesday on Capitol Hill.
With the new fiscal year beginning Oct. 1, and the fall
elections a month later, the annual appropriations
process is in full throttle, and is everyone's testing ground
for political issues.

Viagra is just one example. The Appropriations
Committee also approved new health warnings on
cigarettes. Anticipating the coming debate on patients'
rights, the committee narrowly voted to require health
plans to make it easier for women to choose
obstetrician-gynecologists for their primary physicians.

The vote came as Wisconsin, New York and perhaps
other states were considering defying the administration's
order to cover Viagra, arguing that it would be risky for
patients and costly for taxpayers. Medicaid is financed
by the federal and state governments.