Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Because we don't have a law that drugs can't be sold in the US for more than any other country.
We subsidize drugs in other countries. Pass that law and our costs drop dramatically.
Why wasn't that in the ACA?
Let other competitors reverse engineer the drugs.
In Capitalism, if someone can make it cheaper then they will bring down prices.
Patents are abused to milk consumers for every dollar they can get and goes well past the cost for research.
Most of the money goes into marketing, shareholder profits, upper management pay and purchasing politicians rather than research.
Yeah, that certainly explains the last great drug discovery of an 100% effective vaccine for Ebola coming out of some obscure laboratory in Winnipeg, Canada.
Keep drinking the kool-ade while the rest of us watch chagrined at your obstinance.
If you are Canadian and live in Canada, thus can easily access the drug at 1/18th the cost, why are you posting this thread at all? Let me guess: this is a pot shot at our dysfunctional healthcare system when you have no room to talk, since you don't even live here and are not affected by it in any way.
I welcome other countries input so we can drag the corrupt MFs through the dirt here in this country.
And once again there is no one disagreeing with you.
My post was aimed at the meme the U.S. citizen is developing and eating the research costs when in fact drugs are still being developed world wide primarily through government research grants but patents are then being sold to manufactures who have the biggest budgets (American monopolies) to then rape Americans to pay dividends to shareholders and exorbitant CEO salaries.......because they can.
In the end, your law would solve both conundrums.
Exactly
They rape American Consumers because they CAN.
Martin Shkreli, a hedge fund manager purchased ownership of a drug and raised the price from 13.50 to 750 dollars.
What research did he do to improve the drug?
0
He raised the price to make mega bucks.
His response to the complainers was your "insurance" will pay for it.
And there is why insurance is so expensive.
Yeah, that certainly explains the last great drug discovery of an 100% effective vaccine for Ebola coming out of some obscure laboratory in Winnipeg, Canada.
Keep drinking the kool-ade while the rest of us watch chagrined at your obstinance.
And to add to this, most of their 'new drugs' are actually renamed drugs that are already being used for something else. In other words, they market a drug for a heart condition and call it X and find that one of the side effects is that people with peripheral neuropathy (for example) have noticed their pain is greatly reduced. They call it something else and market it to people with that condition.
Very little has been spent on research for at least a decade.
1. Drug companies can charge whatever price they want
2. Insurance companies are also charging you more
3. Old drugs are reformulated as costly new drugs
4. Generic drug shortages can trigger massive price increases
5. Specialty drugs are costing all of us
Cha Ching!
Greed and Corruption is the ISSUE.
We need to bring the hammer down on Corporate and Banks meddling in our government.
It costs millions (or billions) to develop new drugs. Most of that development is done in America by American companies, and first sold to US consumers. For better or worse, we pay the bulk of that development cost...and once again the American taxpayer subsidizes the rest of the world. Really though, what do we need all these new drugs for? Seems like people are getting sicker and more dependant all the time. Aspirin, Tums and penicillin should be plenty.
Lets get a breakdown, an audit on all medications and see where our money is really being spent then.
I'll bet most go into purchasing politicians, shareholder pockets, upper management and marketing rather than research.
Oh no, that would require the government to meddle in their business and lay the corruption wide open.
We need to bring the hammer down on Corporate and Banks meddling in our government.
It will never happen. Big Pharma, the CDC, and FDA are all in bed together. And they all throw a lot of money at our politicians who protect this threesome as much as they protect the illegal drug cartel.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
