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Old 03-17-2024, 01:18 PM
 
3,566 posts, read 1,509,103 times
Reputation: 2438

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Quote:
Originally Posted by TMSRetired View Post
If people had to buy the drugs with their own money...prices would come down because otherwise no one would buy them.

The cosmetic surgery industry is still affordable because people have to pay with their own money.

When it's not your money, you don't care how much it costs.
Insurance..."oh look, my drug is only $" instead of $$$$
Cosmetic surgery and life saving drugs play on two different fields. Now, I'm not saying that all or even most of the prescriptions docs are writing these days are life saving or even improving QOL, but many are for sure. When your life or health depends on it, you will probably pay whatever you can. If priced on the free market, this could exclude many Americans from being able to afford these drugs. And to be fair, it's not really the free market because the government ensures monopoly (through patent protections). If the government ensures the company protection to sell the product they discovered exclusively for a period of time, then the same government can tell that company what it can and cannot charge or the government won't enforce patent protection.

 
Old 03-17-2024, 03:02 PM
 
9,911 posts, read 7,711,009 times
Reputation: 2494
Quote:
Originally Posted by rjshae View Post
Perhaps addressing the prescription cost issue first is the "easier" route to that point? Given our current political situation and the effectiveness of medical lobbyists, even that won't be easy. But we need to start, and prescription drugs seem like the low-hanging fruit. Hopefully one benefit would be lower medicare costs, at least for Part D.
The medical debt in the US for people being close to $200 billion.
 
Old 03-17-2024, 04:15 PM
 
25,459 posts, read 9,825,519 times
Reputation: 15356
Greed.
 
Old 03-17-2024, 04:56 PM
 
78,467 posts, read 60,666,856 times
Reputation: 49778
Quote:
Originally Posted by trobesmom View Post
Greed.
Great point. So we could take all the RND out of the private sector and make it governmental.

That would lower costs.

But um, have you thought that through? Can you name some negatives? Or is it just government control is a win?

It would sure cut down on any lawsuits. Oh, wait, those add costs?
 
Old 03-17-2024, 07:11 PM
 
34,279 posts, read 19,392,167 times
Reputation: 17261
Because other countries will pass laws to deal with price gouging on life saving medication. Some things are just expensive-I get some monoclonal antibodies for a cancer treatment that costs a obscene amount. Not because its expensive to make, but because the making of the first ones was expensive.

But then there are things like insulin, dirt cheap to produce, and public domain. There no reason it should have gotten so high....except they could.
 
Old 03-17-2024, 07:26 PM
 
Location: NMB, SC
43,156 posts, read 18,318,340 times
Reputation: 35030
Quote:
Originally Posted by WaikikiWaves View Post
Cosmetic surgery and life saving drugs play on two different fields. .
Take the transgenders.....boob job

Transgender wants a boob job...covered under insurance...$10,000
Otherwise cosmetic surgery (girl boob job)...cost $4000

Go look it up...I just did.
 
Old 03-17-2024, 08:34 PM
bu2
 
24,114 posts, read 14,909,092 times
Reputation: 12962
Quote:
Originally Posted by serger View Post
All European countries regulate medication prices. So it's much cheaper.
And we don't and are paying for the drug R&D for the entire planet.
 
Old 03-17-2024, 11:08 PM
 
8,163 posts, read 3,686,967 times
Reputation: 2724
Quote:
Originally Posted by bu2 View Post
And we don't and are paying for the drug R&D for the entire planet.
Big pharma spends more on advertising than on R&D. That's not normal.
 
Old 03-18-2024, 02:05 AM
 
Location: Tucson/Nogales
23,229 posts, read 29,071,258 times
Reputation: 32633
Quote:
Originally Posted by trobesmom View Post
Greed.
And where or where are there any signs of protest???
 
Old 03-18-2024, 08:25 AM
 
59,164 posts, read 27,361,070 times
Reputation: 14298
Quote:
Originally Posted by rjshae View Post
Why Are Medications So Expensive in the US? (Psychology Today)



If we're going to address the excessive cost of health care in the US, this sounds like one political avenue that could be explored by our government.
"Why are medications so expensive in the US?"

Nobody is forcing you to buy them, so DON'T!

Or start your OWN pharmaceutical company.

Do you have any clue how much research and development costs?

Obviously NOT!

Why do so many Canadians come HERE for treatment?Your problem is solved.

Last edited by Quick Enough; 03-18-2024 at 08:39 AM..
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