If you cruise the blogs on health policy with any regularity, you will no doubt see a lot of knee-jerk commentary on one side of the aisle or the other regarding reform of Medicare Part D and the role of government negotiation. Generally, these appear to be written by self-proclaimed experts who often sound more like yappying toy lap dogs rather than health policy specialists.
But, if you are interested in a real, thoughtful and informed analysis of the subject, then I suggest you turn to the Piper Report posting on "Should Federal Government Negotiate Prescription Drug Prices in Medicare: Emotions versus Economics; Politics versus Facts". Unlike other bloggers on this topic, Kip Piper is a leading authority on Medicare and Medicaid. Check him out.