The 2024 version of a mob hit. The most corrupt industry in America seeing one of its ring leaders about to be questioned in a probe, and people are shocked he got capped in broad daylight?
We need to overhaul the entire fucking thing. Negotiate pricing, and split up the major players. Unfortunately, any politician leading that charge would be on a hit list.
There should be an insurance company that you need to physically qualify for to compete with employer plans and government plans. Big idea that is out there for someone but probably would get regulated away as it would steal all the good policy people and jack it up for the fatties.
My wife just got prescribed a two antibiotic treatment with tetracycline. Retail cost was $900 and was $90 with insurance. Cost in Canada is a fraction of that. But the Big Pharma lobby prohibits the import of foreign drugs into the US because Big Pharma likes the profits of limiting supply. Lasik eye surgery and cosmetic surgery like liposuction get better and cheaper due to competition and limited government regulation and no insurance coverage. When we have an order of magnitude of commercials for car insurance versus medical insurance that reveals a noncompetitive environment due to government regulation.
The Skyrocketing Price of Tetracycline is Shocking!
The cost of a 50-year-old antibiotic (tetracycline) is outrageously high. How can drug companies justify the price tag? How can you find affordable drugs?
The antibiotic tetracycline was first marketed in 1967. That means it is 50 years old and is available generically. The price of tetracycline should be very low. This reader discovered quite the opposite:
Q. I recently asked my doctor for a prescription for tetracycline to clear up my skin. Years ago, when I was 19 and my face looked like raw hamburger, this medication worked a miracle and was not at all expensive.
When I got to the pharmacy to pick up my new prescription, I was told my out-of-pocket cost for a 30-day supply would be $900, even though I have insurance. I can’t afford that! I don’t know anyone who could. What happened to tetracycline?
A. Like you, we were shocked at the price of this old generic antibiotic. Forty years ago, the brand name form of tetracycline (Achromycin V) cost just over $10 for a hundred 500 mg pills. The cash price today for 60 tetracycline pills is over $900.
Cheaper in Canada:
In Canada the price for 100 pills of tetracycline is under $50. We cannot explain why Americans pay so much more for this old medication. It is not that hard to make. Competition should drive the price down. But to our dismay, capitalism does not seem to be working when it comes to some generic drugs.
The Generic Drug Scandal of Price Fixing:
We cannot say for sure that tetracycline has been caught up in the price fixing scandal. In case you missed the headlines, 40 attorneys general allege that some prominent generic drug manufacturers may have colluded. There are charges of price fixing. There may also have been “agreements among competitors to allocate a given market so as to avoid competing with one another on price.”
Start everyone in the standard risk pool. Let them earn their way into a low risk pool by physical measures and trending of lifestyle, a million ways to measure that. The standard pool is now the high risk pool, just more politely put.
Comments
The 2024 version of a mob hit. The most corrupt industry in America seeing one of its ring leaders about to be questioned in a probe, and people are shocked he got capped in broad daylight?
We need to overhaul the entire fucking thing. Negotiate pricing, and split up the major players. Unfortunately, any politician leading that charge would be on a hit list.
Incentivize people to actually get healthy or at least trending towards healthy is the underlying issue that only RFK wants to address.
One of my employees told me she is on 30 prescribed medicines.
She is 63.
She's 263 in dog years.
That's fucking insane. Big Pharma should give her Medallion Status.
The Throbber is on zero scrips and will have to think long and hard if that choice ever comes up.
There should be an insurance company that you need to physically qualify for to compete with employer plans and government plans. Big idea that is out there for someone but probably would get regulated away as it would steal all the good policy people and jack it up for the fatties.
I liked my insurance but I wasn't able to keep it
In order to stay in obamacare insurance companies agreed to all sorts of bullshit including mandatory coverage of shit like cutting your dick off
Pre existing conditions goes against the concept of a risk pool. Of course people like that piece of it because according to H they are stupid
Go back to risk pools and price it accordingly. The more you want covered the more you pay
Eliminate the massive red tape and regulation that makes an asprin cost 90 dollars. Give discounts for cash
Start over
My wife just got prescribed a two antibiotic treatment with tetracycline. Retail cost was $900 and was $90 with insurance. Cost in Canada is a fraction of that. But the Big Pharma lobby prohibits the import of foreign drugs into the US because Big Pharma likes the profits of limiting supply. Lasik eye surgery and cosmetic surgery like liposuction get better and cheaper due to competition and limited government regulation and no insurance coverage. When we have an order of magnitude of commercials for car insurance versus medical insurance that reveals a noncompetitive environment due to government regulation.
https://www.peoplespharmacy.com/articles/the-skyrocketing-price-of-tetracycline-is-shocking
The Skyrocketing Price of Tetracycline is Shocking!The cost of a 50-year-old antibiotic (tetracycline) is outrageously high. How can drug companies justify the price tag? How can you find affordable drugs?
The antibiotic tetracycline was first marketed in 1967. That means it is 50 years old and is available generically. The price of tetracycline should be very low. This reader discovered quite the opposite:
Q. I recently asked my doctor for a prescription for tetracycline to clear up my skin. Years ago, when I was 19 and my face looked like raw hamburger, this medication worked a miracle and was not at all expensive.
When I got to the pharmacy to pick up my new prescription, I was told my out-of-pocket cost for a 30-day supply would be $900, even though I have insurance. I can’t afford that! I don’t know anyone who could. What happened to tetracycline?
A. Like you, we were shocked at the price of this old generic antibiotic. Forty years ago, the brand name form of tetracycline (Achromycin V) cost just over $10 for a hundred 500 mg pills. The cash price today for 60 tetracycline pills is over $900.
Cheaper in Canada:
In Canada the price for 100 pills of tetracycline is under $50. We cannot explain why Americans pay so much more for this old medication. It is not that hard to make. Competition should drive the price down. But to our dismay, capitalism does not seem to be working when it comes to some generic drugs.
The Generic Drug Scandal of Price Fixing:
We cannot say for sure that tetracycline has been caught up in the price fixing scandal. In case you missed the headlines, 40 attorneys general allege that some prominent generic drug manufacturers may have colluded. There are charges of price fixing. There may also have been “agreements among competitors to allocate a given market so as to avoid competing with one another on price.”
Start everyone in the standard risk pool. Let them earn their way into a low risk pool by physical measures and trending of lifestyle, a million ways to measure that. The standard pool is now the high risk pool, just more politely put.
I can believe it
most are probably depression meds