Big Pharma
gawker
Older than dirt
OT - I just saw a teaser for 60 Minutes where they’ll be talking about one of the greatest rip-offs in history - the prices that we pay for prescription medications.
Yesterday I started a regimen of pills - one per day for 90 days. Easy enough. Each pill costs $1047. 50. I understand that the pharmaceutical company laid out millions developing the drug, conducting double blind studies and marching it through FDA approval. However the literature accompanying the pills speaks of “more than 8000” cures. So 8000 x $90,000 is $720,000,000. And the medication only came out last year and treats a condition where estimates of prevalence exceed more than 5 million undiagnosed cases.
Now my co-payment is only $30.00 per month, but those who share my insurance company ( and every other one) will be paying higher insurance premiums.
Why has our Congress prohibited Medicare & Medicaid from negotiating lower drug prices? Oh yah, another major expenditure driving up prices? Funding re-election campaigns, of course. And who’s getting screwed?
Yesterday I started a regimen of pills - one per day for 90 days. Easy enough. Each pill costs $1047. 50. I understand that the pharmaceutical company laid out millions developing the drug, conducting double blind studies and marching it through FDA approval. However the literature accompanying the pills speaks of “more than 8000” cures. So 8000 x $90,000 is $720,000,000. And the medication only came out last year and treats a condition where estimates of prevalence exceed more than 5 million undiagnosed cases.
Now my co-payment is only $30.00 per month, but those who share my insurance company ( and every other one) will be paying higher insurance premiums.
Why has our Congress prohibited Medicare & Medicaid from negotiating lower drug prices? Oh yah, another major expenditure driving up prices? Funding re-election campaigns, of course. And who’s getting screwed?
19 comments
https://www.foxbusiness.com/healthcare/n…
The drug that cures spinal muscular atrophy, in the article Chulo linked, is pretty amazing and there’s probably more miracle specialty drugs coming, assuming dumbass democrats don’t destroy the healthcare industry.
https://www.cnn.com/2019/05/08/politics/…
But LBJ scraped that in order to get support from the American Medical Association. Originally they were opposing Medicare.
So this is why costs have so exploded.
New proposals to have Universal Medicare, do include the establishment of cost controls, and the AMA does now support this.
SJG
You wouldn't have the advanced drugs we have now unless there was a financial incentive to cover the considerable cost and risks of development.
But a much higher rate of people doing prayer circles and prayer vigils than in the countries which have single payer health care.
SJG
I only like this heavily track overlaid studio recording of this song, not any of the live versions. Cause of the singer's style. And I don't so much like the other guys who usually sings this either.
https://www.youtube.com/watch?v=anpjEN9K…
Suspicious Mind - Elvis Presley
https://www.youtube.com/watch?v=SBmAPYkP…
Glenn Campbell, experience really shows, in my opinion. They have a four string bass player, but notice the guy who solos on the six string bass.
https://www.youtube.com/watch?v=rjzTNWWO…
Try a Little Tenderness
https://www.youtube.com/watch?v=UnPMoAb4…
As for saying drugs go generic after 20 years, tell that to the people who will die because they can't afford them until then.
But drug prices are complicated.
But it is also intended that a Universalized Medicare will be negotiating on doctor's fees, instead of just picking up the tab.
SJG
Police - Roxanne - 2008, really altered the phrasing for this performance. Phrasing has always been a big part of their sound.
https://www.youtube.com/watch?v=6lQlajFq…
I only like this heavily track overlaid studio recording of this song, not any of the live versions. Cause of the singer's style. And I don't so much like the other guys who usually sings this either.
https://www.youtube.com/watch?v=anpjEN9K…
Suspicious Mind - Elvis Presley
https://www.youtube.com/watch?v=SBmAPYkP…
Glenn Campbell, experience really shows, in my opinion. They have a four string bass player, but notice the guy who solos on the six string bass.
https://www.youtube.com/watch?v=rjzTNWWO…
Try a Little Tenderness
https://www.youtube.com/watch?v=UnPMoAb4…
Lauryn Hill - Killing Me Softly
https://www.youtube.com/watch?v=_KpeCk6N…
https://www.youtube.com/watch?v=z4USer34…
https://www.youtube.com/watch?v=H-RBJNqd…
I'd Rather Go Blind
https://www.youtube.com/watch?v=jZVQD9pi…
higher infant mortality (US HAS 5 DEATHS PER 1000, JAPAN IS THE BEST WITH 2.5, AFGHAN IS 125 DEATHS PER 1000).... another bullshit claim
higher maternal mortality (STILL NEAR THE BEST) another liberal scare tactic used to brainwash people too stupid to read the facts.
in the US than in other industrialized countries.
But a much higher rate of people doing prayer circles and prayer vigils than in the countries which have single payer health care.
AND A MUCH LARGER GROUP OF PEOPLE FREE TO SPEAK OUT AGAINST THE GOVERNMENT WITHOUT FEAR.... OR IN THIS CASE WITHOUT FACTS
SJG
SJG
Michelle Alexander on The New Jim Crow, at Union Theological Seminary ( she wrote a very important book )
https://www.youtube.com/watch?v=T79I1PLT…
Paul Tillich Symposium: John Caputo Lecture
https://www.youtube.com/watch?v=Cog1v44W…