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Article: Congress working to fix birth control price hike
- Article from:
- University Wire
- Article date:
- November 30, 2007
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Mara Gay
University Wire
11-30-2007
(Michigan Daily) (U-WIRE) ANN ARBOR, Mich. -- Politicians and activists are waging a campaign to reverse the spike in the price of birth control earlier this year.
On some campuses the cost of many contraceptives has quadrupled, from about $15 dollars a month to about $60. This hasn't happened at the University of Michigan yet, but it will unless a law that caused the increase is changed.
The higher prices are the result of a bill passed by Congress in 2005 aimed at cutting Medicare and Medicaid costs.
The price increase is due to a small change in wording that ended up making it financially unattractive for pharmaceutical companies to sell birth control ...
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