quote:
Originally posted by carrera79:
The cost of drugs is an extremely complex issue. The drug companies are selling in countries that have placed artificially low prices on their products placing all of the burden of R&D on US consumers. My biggest issue is that socialist medicince doesn't work. It's not the place of the federal government to provide this service.
Well, I have been in health care since 1972, lots of Medicare auditing of hospitals, nursing homes etc., in there and there are huge problems today. First, a lot of the R&D is overseas, many of the big pharmaceuticals (Roche, Fujisawa, Genzyme), are home officed in Europe, Switzerland to be exact. They set their purchasing prices low (Europe that is with a take it or leave it attitude and the drug companies take it knowing they can get their R&D costs in the US) we pay for the R&D even though it may not occur here. Drug reps, don't get me started, useless appendages who's only purpose in life is to give money away in the form of grants, funding symposiums, (look up the meaing of symposium) travel etc. Billions on marketing, TV ads should not be permitted,etc. Bill Frist comes from the for profit HCA healthcare background, he pushed the drug bill for the cronies that helped elect him etc.
After all these years I have turned around, we need national healthcare. In VA Blue Cross was permitted to go public, they had one goal, increase stockholder value which they did with a passion. Made record profits, (my premium went up 35%) sold out to Anthem officers got golden parachutes, now millionares, Anthem just announced another record increase in profits of 21%. Their mission is not to insure Virginians, it is to make as much money as possible! My coverage keeps decreasing while the premiums keep going up. Sorry, the crooks are now at the managed care companies and they have the lobby in Congress. We are screwed unless we can get some national converage. The Medicare drug bill will eventually disassemble Medicare as we know it, a disaster.
Sorry, the gov is terrible but big business when unregulated can be far larger crooks and just as inefficient.