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  #21 (permalink)  
Old 11-14-2006, 04:55 PM
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Sometimes the demand is artificially created in my opinion. Drugs are prescribed much more than they used to be. Doctors seem to prescribe drugs much more aggressively than they used to. As far as them making a profit, that is fine. But they should open it up to foreign companies also which would allow for more competition.

As of now, the only way it is affecting me is through insurance costs rising, as fortunately neither I nor any member of my family has to take any prescribed drugs. I just think that by actually lowering prices we can accomplish much of what people want to do by raising taxes to offset costs. Instead of focusing on coming up with money for everyone's costs to be lower, why don't we work on those lower costs - like limiting liability law suits.
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Old 11-14-2006, 05:14 PM
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Quote:
Originally Posted by George O Well View Post
"They have recouped their money and their is no reason for this kind of greed."

>>>It's called "capitalism" and it applies to just about every industry where there is inelastic demand. What's wrong with companies trying to make a profit?
George, I have no problem with earning a profit, but do you think if we all companys from over seas to compete that this would help the average Joe?

Crow, you posted some great information, I hope others take notice of this. I was amazed at all of this.
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Old 11-14-2006, 11:40 PM
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Quote:
Originally Posted by Dom1 View Post
Sometimes the demand is artificially created in my opinion. Drugs are prescribed much more than they used to be. Doctors seem to prescribe drugs much more aggressively than they used to. As far as them making a profit, that is fine.

This puts a strain on the system too. Doctors do buy into what certain companies distribute to them and Drs do also invest in certain companies that have certain drugs they carry. This sort of loop also hurts what we get and at what price. It is not the sole cause but it certainly contributes.
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Old 11-15-2006, 12:31 AM
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Quote:
Originally Posted by crowonapost View Post
The single biggest problem is this....

Inability to Contain Drug Costs: The law prohibits Medicare from negotiating with the drug companies for lower prices, thus foregoing the enormous buying power of a system that represents 40 million beneficiaries. While the law includes a provision to legalize re-importation of prescription drugs from Canada, this can occur only if the Department of Health and Human Services (HHS) certifies that there are no safety risks. With no reported cases of fraud or abuse, HHS has consistently refused to provide certification.

From this site;
http://www.afscme.org/retirees/1179.cfm


Here's a list of sites with more nuanced information than I can give.


http://www.nytimes.com/2006/07/18/bu...rssnyt&emc=rss

http://www.retiredamericans.org/inde...72&article=735

http://www.investopedia.com/articles...icarePartD.asp
Our federal government at work....
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  #25 (permalink)  
Old 11-15-2006, 11:06 AM
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"What's wrong with companies trying to make a profit?"

>>>I should have phrased that better. What's wrong with companies buying congressmen so that profits can be legislated?
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  #26 (permalink)  
Old 11-15-2006, 11:11 AM
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Quote:
Originally Posted by rob View Post
Well if these programs are out there, how many people are taking advantage of them?
not enough and they are easy to get on just send pay stubs and copy of W2
and tax return
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  #27 (permalink)  
Old 11-15-2006, 11:24 AM
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I posted this on another thread earlier today.. http://www.arguewitheveryone.com/sho...3&postcount=30

... but perhaps it would be more beneficial here.

Hundreds of Pharmaceutical companies give out free medications under patient assistance programs. Until about two years ago, the pharmaceutical companies seldom advertised or promoted these programs, but they have been operating for many years and it's not uncommon to see ads on television nowadays offering patient assistance programs. People can get information about them from their doctor, pharmacy or by contacting the pharmaceutical company that makes whatever medication they need. There is NO reason to get the federal government involved in "negotiating with drug companies for medicines". I have no idea why so many people are trying to get the federal government involved in this because it's just one more place it's not needed. But I have no doubt they'll push this until they get what they're demanding and then they'll moan and groan about big brother poking his nose into their "private" medical issues.
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  #28 (permalink)  
Old 11-15-2006, 11:55 AM
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Quote:
Originally Posted by rob View Post
Ok, I had a prescription filled a few weeks ago and because I am retired military I only had to pay $9.00 for a 3 month supply. The pharmacist, a friend of mine, told me that for others without my medical coverage pay over $300 for the same prescription. When I asked him why they to pay this, all he could say is the pharmaceutical companys. I understand the costs of research and development but this is something that needs to change. I now understand how or why our seniors choose between medications and food. I beleieve after the R & D is paid for, then the price should drop. They have recouped their money and their is no reason for this kind of greed.

I want to see a change in this but I am totaly against socialized medicine. Please feel free to comment.
Rob you gotta add the insurance industry and administrative paperwork that is ripping off tax payers also.
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  #29 (permalink)  
Old 11-15-2006, 12:12 PM
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Originally Posted by RASTAMAN View Post
Rob you gotta add the insurance industry and administrative paperwork that is ripping off tax payers also.
Rasta, good save there.
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  #30 (permalink)  
Old 11-15-2006, 02:39 PM
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The biggest scam of them all is the one between the FDA and the HMOs. I know of at least a dozen drugs that were once sold by prescription only. Almost as soon as they began costing the HMOs money, they became over-the-counter. As far as I can tell, those drugs were just as dangerous after they became over-the-counter than when they were prescription only.
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