1. Download our Official Android App: Forums for Android!

Why You Pay Way Too Much for Bad Medicine

Discussion in 'Politics and Current Affairs' started by noah way, Jun 4, 2011.

  1. noah way

    noah way Android Enthusiast
    Thread Starter
    Rank:
    None
    Points:
    68
    Posts:
    496
    Joined:
    Apr 20, 2010

    Apr 20, 2010
    496
    141
    68

    Advertisement

    lordofthereef likes this.
  2. lordofthereef

    lordofthereef Android Expert
    Rank:
    None
    Points:
    163
    Posts:
    3,131
    Joined:
    Nov 11, 2010

    Nov 11, 2010
    3,131
    369
    163
    Student
    Interesting.

    Seems like EVERYONE would eat the rise in insurance rates though, not just those that benefit from the use of these drugs. Don't get me wrong, I don't mind. But it is something the opposition will be sure to point out.
     
  3. copestag

    copestag Android Expert
    Rank:
    None
    Points:
    143
    Posts:
    1,355
    Joined:
    May 23, 2010

    May 23, 2010
    1,355
    247
    143
    anyone who believes this garbage should really learn to read and comprehend a few things

    of course its the liberal way to blame the mean old rich guy running the drug company for the reason drugs cost so much....... it has to be those greedy companies wanting to actually earn money for their work

    I have an idea.. lets take away the ONLY incentive a company has to spend BILLIONS in research and develop a drug....... instead lets hope that companies will be willing to take huge losses and fold up out of the kindness of their own heart so lazy trash can get cheap drugs

    whos going to create these drugs after year 1 when all the other companies go bankrupt????
     
  4. noah way

    noah way Android Enthusiast
    Thread Starter
    Rank:
    None
    Points:
    68
    Posts:
    496
    Joined:
    Apr 20, 2010

    Apr 20, 2010
    496
    141
    68
    "Should Medicare pay $100,000 a year for a drug to treat a rare cancer in an otherwise healthy 80-year-old? This dilemma becomes a quick no-brainer when the drug is available for $200 a year in the free market with no patent protection."

    Good question. The so-called free market - operating without competition under government rules that create private monopolies - radically drives up the cost of insurance, general health care and Medicare.

    Cost of drug that prevents premature birth to rise from $10 to $1500

    Drug maker lowers price of Makena pregnancy drug to $690 per dose

    "... the experience with Makena showed that a previously inexpensive drug could increase in price dramatically, from about $10 to $1,500 after the FDA regulated its marketing, approved it as orphan drug, and granted it a temporary monopoly status, although it had been on the market for five decades."

    "70% of FDA panels writing clinical guidelines on prescription drug usage contained at least one member with financial links to drug companies whose products were covered by those guidelines."


    wiki (Criticism of the FDA)
     
  5. Sak01

    Sak01 Android Expert
    Rank:
    None
    Points:
    93
    Posts:
    942
    Joined:
    Mar 5, 2011

    Mar 5, 2011
    942
    154
    93
    Male
    The profit incentive is still there. The proposal advocates setting up a fund to buy out patents from drug companies. So they've still got a pot of gold at the end of the research rainbow to motivate them.

    And it also suggests an added benefit for drug companies is that with all patents available to them, they don't need to waste time and money researching a copycat drug that a competitor holds the patent for.

    It's an interesting proposal. I don't know enough to say whether it really is a good idea but you should give it a read before writing it off.
     
    lordofthereef likes this.
  6. G.Armour

    G.Armour You know you want to.
    Rank:
    None
    Points:
    183
    Posts:
    4,534
    Joined:
    Jan 11, 2010

    Jan 11, 2010
    4,534
    306
    183
    Truck driver/ driver mentor. I train people to dri
    Georgia
    I will tell you why, it's the same as for gas and everything else.. The rich are getting richer and the poor are getting poorer.
     
  7. ElasticNinja

    ElasticNinja Android Expert
    Rank:
    None
    Points:
    183
    Posts:
    4,488
    Joined:
    Aug 29, 2010

    Aug 29, 2010
    4,488
    472
    183
    Student
    Cork City, IMF, EU
    You know, it took just a few days for scientists in the UK, Germany and France to figure out the new E.coli strain
    All have Universal healthcare Copestag.
    Switzerland and Sweden both have one of the highest R&D/GDP ratios in world
    The former is home to two massive Pharma giants
    Both have universal healthcare Copestag.

    So perhaps Copestag, YOU should really learn to read and comprehend a few things
     
  8. copestag

    copestag Android Expert
    Rank:
    None
    Points:
    143
    Posts:
    1,355
    Joined:
    May 23, 2010

    May 23, 2010
    1,355
    247
    143
  9. noah way

    noah way Android Enthusiast
    Thread Starter
    Rank:
    None
    Points:
    68
    Posts:
    496
    Joined:
    Apr 20, 2010

    Apr 20, 2010
    496
    141
    68
    It appears that the opposition immediately dismisses any and all information that challenges or conflicts with its belief system.
     
  10. vailpass

    vailpass Well-Known Member
    Rank:
    None
    Points:
    73
    Posts:
    217
    Joined:
    Apr 18, 2011

    Apr 18, 2011
    217
    76
    73
    Gettin' My Mind Right
    LMAO This old line again? Seriously?
     
  11. Bugly

    Bugly Android Expert
    Rank:
    None
    Points:
    143
    Posts:
    1,057
    Joined:
    Jan 30, 2011

    Jan 30, 2011
    1,057
    104
    143
    Male
    VW mechanic
    Tacoma, Washington
    nothing new under the sun, apparently....
     
  12. noah way

    noah way Android Enthusiast
    Thread Starter
    Rank:
    None
    Points:
    68
    Posts:
    496
    Joined:
    Apr 20, 2010

    Apr 20, 2010
    496
    141
    68

Share This Page

Loading...