More recently they have justified high prices by comparing them with the costs they would prevent. Expensive hepatitis C drugs, they say, avoid the need for a million liver transplant. No matter that the comparison being made is to the highly inflated costs of treating disease in American hospitals. .Economic recession isn't entirely to blame for low inflation. For more than three decades the federal government has made a substantial number of changes to the methodology it uses to calculate the consumer price index, which is used to determine the COLA. "Virtually all the changes have tended to reduce the measured rate of inflation," Cates says. "Not surprisingly, many COLA recipients sometimes tell us they suspect the government is manipulating the inflation measure to cut spending on their benefits," he adds. .Oversight Committee Examines Prescription Drug Market .Traveling through the beautiful farmlands of early primary states, you can find the self-proclaimed champions of socialized medicine amid the flashes of cameras on the campaign trail. If you keep driving through, you'll see the harsh reality beyond presidential candidate photo-ops. You'll see the more than 100 rural hospitals that have closed in the United States since 2010, including two in my district in the last year alone. .Finally, two new cosponsors – Representative Jim Renacci (OH-16) and Representative Beto O'Rourke (TX-16) – signed on to the bipartisan CREATES Act (H.R. 2212), bringing the total up to twenty-one. If adopted, the CREATES Act would increase competition in the prescription drug industry by encouraging generic and biosimilar drug manufacturers to introduce their products to the market more quickly. .The recommendation of MedPAC would combine the deductibles for Part A and Part B services. Currently the deductibles are charged separately and for good cause. About 80 percent of Medicare beneficiaries never pay a Part A deductible because they don't require hospitalization in most years. The Part A deductible for hospital inpatient services is ,156, a cost that is covered in full today by all Medigap supplements. Some Medigap supplements also cover all of the Part B deductible, which is 0 in 201Costs differ for seniors enrolled in Medicare Advantage depending on the plan. Co-payments would also change and vary by the type of service and provider. .By Noah Y. Kim SEPTEMBER 10, 2020 Kaiser Health News .4 in 10 beneficiaries rely on Social Security for the majority of their income. .President Trump also said this last weekend that over the next 2 weeks he will pursue an executive order requiring health insurers to cover pre-existing conditions. "We will be pursuing a major executive order" on pre-existing conditions, Trump said during a news conference in N.J.