trump buying into the big pharma bs?
Comments
-
yes. they spend gobs on overhead and use it to justify their price gouging. We should either be allowed to negotiate with medicare or import from countries that do. We're allowed neither. Why? Cause the gov't is completely bought outBearsWiin said:
I recall seeing some numbers several months back that indicate pharma companies spend significantly more on advertising than they do on R&D; the "we need to rape you on the drugs that work to pay for the drugs that don't" argument doesn't hold water.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market. -
The bigger issue is that our country gets charged more for the same drugs as other countries.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market. -
Agreed.RaceBannon said:People need to stop using legal drugs. Way over prescribed
Unfortunately my dentist is trying to stop the oxy addiction plague and tells me to use advil. Fucker
I support this and all others efforts to kill off the Boomers. -
There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.greenblood said:
The bigger issue is that our country gets charged more for the same drugs as other countries.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market. -
So let's make everyone have to buy insurance2001400ex said:
There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.greenblood said:
The bigger issue is that our country gets charged more for the same drugs as other countries.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.
Great fucking plan -
They charge so much because people without insurance don't pay causing everyone with insurance to pay too much. Are you really that dumb? Have you ever wondered why the cash price is half the insurance price?RaceBannon said:
So let's make everyone have to buy insurance2001400ex said:
There's truth in that. As I noted indirectly in my OXY and aspirin example. When an insurance company is involved, they charge way more.greenblood said:
The bigger issue is that our country gets charged more for the same drugs as other countries.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market.
Great fucking plan -
And Bannon/Trump have decided to continue this arrangement.greenblood said:
The bigger issue is that our country gets charged more for the same drugs as other countries.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market. -
The patent system for drugs is fucked. More generics please.
And legalize cocaine, shrooms and weed while we're at it. -
Years ago, I worked in sales and sales management for two different pharmaceutical companies. The pay and benefits were fantastic and the amount of actual work I did was negligible. The sales forces for big pharma are gigantic and add nothing to the quality or availability of health care. But I did make a shitload of money.BearsWiin said:
I recall seeing some numbers several months back that indicate pharma companies spend significantly more on advertising than they do on R&D; the "we need to rape you on the drugs that work to pay for the drugs that don't" argument doesn't hold water.2001400ex said:
The issue with drugs. They invest in hundreds of drugs but only a few hit. So they have to pay for the losers from the winners, which makes it difficult to assess profitablity like that.Fenderbender123 said:I'd like to see how much the drug companies are profiting per pill. If a company makes a billion dollars profit, but sells 20 billion pills, I can't see how they can afford to significantly lower prices. In that case, tax cuts and deregulation make sense if it gives them the breathing room necessary to make those cuts.
That being said, charging $35 in the ER for one aspirin is dumb. But if you buy OXY, it costs $8 after insurance for a bottle but the pills go for $50 a pill in the black market. -
Your President supports this system.PurpleJ said:The patent system for drugs is fucked. More generics please.
And legalize cocaine, shrooms and weed while we're at it.
Get in line with TRUMP or LEAVE.
