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you do realize there is no such thing as a corporate tax right? that's just a hidden tax that jacks up the price of goods and services. that is certainly not an answer. its a complication.
Actually it highly depends on the elasticity of demand on the products the firm sells.
Raising the price reduces demand. Corporations can’t just automatically increase prices to make up for an increase in costs.
That's helpful to this debate. Well, not really. It illustrates an earlier post I made about people wanting to make political points and pat themselves on the back not to mention the title I gave to the thread in the first place. You just proved my point. Catgirl mentioned health care being a divisive issue in this country. She's right and it blows me away. Not wanting people to die earlier than they should, not wanting folks to go bankrupt, not wanting that mother in the OP to have to lie to hr daughter... those should not be divisive issues.
Is there more virtue signaling on the left or the right ?
Unfortunately I feel her pain. I went to get my prescription filled this weekend. My insulin was going to be more than $500. Another med that I need was more than $200. And the pain meds that I need that I could not get my doctor to write a script for because some other person somewhere that isn't me might take someone else's pain meds -- not mine, mind you -- probably would have cost a lot too.
I feel the pain too. It just came out that the FDA just recalled a bunch of BP meds that are made in China and can cause Cancer. Most insurance will only pay for generic. It's almost like the Insurance companies and the companies in China that make these cancer causing drugs are in cahoots together. Good luck proving it.
The Urban Institute was established in 1968 by the Lyndon B. Johnson administration to study the nation’s urban problems and evaluate the Great Society initiatives embodied in more than 400 laws passed in the prior four years.
LBJ. Democrat.
Your logic, not surprisingly, is faulty.
The EPA was signed into existence by Richard Nixon. We all know how solidly today's Republicans are behind the EPA, Clean Air Act, Clean Water Act, and all those other environmental laws made possible by a Republican president.
I agree wholeheartedly, but now someone is going to chine in and call us socialists.
SMH
I don't think socialism is the right word I would call this. What I am seeing is very corrupt and greedy big pharma companies literally extorting money from either people or insurance companies who are desperately trying to live, and you want to reward them for their behavior by increasing our taxes to churn out some federal run health insurance plan? I say we need a complete reform of the way pharmaceutical companies can conduct business. We have laws on the books that prohibit companies from price gouging food, water and gas when a natural disaster is about to hit or has struck. Perhaps we need those same kinds of price gouging laws in place on the big pharma.
To be fair Gottlieb is actually very well liked and has done a lot for consumers. Even his most vocal liberal critics before he took over have now been converted and have been praising his good work. He's basically one of the only Trump appointees liberals actually love, and he routinely does opposite of what industry wants, which is surprising of course, given his background.
I thought you were going to write 'given that Trump appointed him'.
Unfortunately I feel her pain. I went to get my prescription filled this weekend. My insulin was going to be more than $500. Another med that I need was more than $200. And the pain meds that I need that I could not get my doctor to write a script for because some other person somewhere that isn't me might take someone else's pain meds -- not mine, mind you -- probably would have cost a lot too.
Yeah, I read it. She said she spent $524 on insulin. Like I do with all Internet claims, I went and did research on that number. If she went to the same CVS GoodRx pointed me to and bought Lantus (most popular insulin on market right now) and was buying for someone with my body weight and recommended insulin dosage needs (I used 250 pounds, Type 2, below average nutrition), the insulin works out to about $115 per month.
Quote:
Originally Posted by Joe the Photog
I will look into that. $115 is more doable but is still more than 10% of my monthly income.
That is for Lantus. If you go to WalMart and get the cheaper insulin (Novulin, iirc) that is more regulated and less convenient, it's cheaper. And GoodRx and other discount prescription websites have coupons, help lines, customer assistance, etc.
Not for nothing, but minimum wage take home for a month is about $1200. You seriously make minimum wage?
Last edited by Volobjectitarian; 08-16-2018 at 06:57 PM..
Oh, scary big number. We're paying $3.5 trillion right now for our health care expenses and the Urban Institute with its corporate donors hate single payer so will naturally exaggerate the price tag of it.
12% of GDP is a reasonable assumption of what single payer would cost. Every single developed country has 9% to 12% of GDP in health care costs. We're paying 18% of GDP now and tens of millions are not covered and many more are underinsured.
Look at the people in here. They are objecting to paying less, getting more and have every American covered. Thats the power of corporate propaganda. Only a handful of elected representatives in Congress do not take bribe money from the pharmaceutical lobby and health insurance corporations. That effect policies. As long as people keep believing the lies from "think tanks" and their puppets in Congress, nothing will change. Every single developed country has guaranteed health care as a right for their people and they spend FAR LESS per person than America does, usually about half. Administration costs are through the roof in America with huge numbers of people working as billing clerks trying to go through the maze of insurance and hospital bills. And price gouging will always be rampant when providers can charge whatever they feel like since the "consumers" are sick desperate people. And Congress is bought by big pharma and insurance. No wonder its expensive. Absolutely disgusting.
It's not that I don't think corporations are greedy (I certainly do), it's that I know too much about the federal government to reasonably trust them long term with my healthcare.
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