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Found 9 results

  1. (This Is The Third Segment in A Four Part Series) The following quote will give you an idea as to the importance of prescription drugs: “Empirical estimates of the benefits of pharmaceutical innovation indicate that each new drug brought to market saves 11,200 life-years each year. Moreover, new drugs save money by reducing doctor visits, hospitalizations, and other medical procedures, ultimately for every dollar spent on new drugs, total medical spending decreases by more than $7.” (http://www.realclearhealth.com/articles/2016/09/22/a_social_contract_for_the_drug_industry_110110.html. © 2016 RealClearHealth.com.) However, the cost of drugs in this country are a huge drag on both the economy and on our federal budget. Particularly since about half of all healthcare in this country is paid for by the government. In addition, we not only pay the highest drug prices in the world, but then, through our taxes, pay another $70 billion in medical and health related research. Therefore, politicians love to bash price-gauging drug companies. As candidates, they promise tough action, in congress, they hold televised hearings to berate drug company executives. The executives then leave the capitol building smiling. They know the tough talk and hard questions are for television audiences and the news media. Nothing substantive will change and profits will continue to soar! According to prescription-benefit manager Express Scripts Holding Co., from 2008 through 2014, the average price for commonly used brand-name drugs rose by 128%. All this power, however, comes at a cost. In 2016 alone, pharmaceutical lobbyists spent over $244 million of their clients’ money. Drug companies complain about: high R & D costs; the fact that relatively few drugs ever make it to market; the Food and Drug Administration (FDA) for a slow, costly and overly risk-averse approval process; market forces; price gauging by middlemen; and steep discounts demanded by the big insurers. In some respects, the drug companies have a point. “The costs to bring a new drug to market with FDA approval are now estimated at over $2 billion, and only 1 in 10 drugs that begin clinical trials are ever approved by the FDA.” (See the Real Clear Health reference above) There are several problems with our current paradigm in pharmaceutical research that emphasize weaknesses in our convoluted free-market/government interventionist system: · American exceptionalism insists that if it isn’t American then we can’t trust it. Therefore, we will test it to the Nth degree and make it American. Only then will it receive FDA approval. · Regulatory Capture puts pressure on regulators to maintain the status quo. The pharmaceutical lobby wants a return on the $244 million that they invest annually to protect their clients from competition. · The current system of patent protection for pharmaceutical research is outdated, monopolistic and excessively costly for both consumers and taxpayers. · The FDA, like other regulatory agencies, are prone to an unhealthy degree of risk aversion. They are scared-to-death of making a mistake or being criticized, so it’s easier and safer to just say no. Let’s take a look at research and development costs relative to marketing, revenues, profits: Company  Total Revenue   R&D Marketing  Profit  Margin J&J (US)  71.3   8.2  17.5  13.8  19% Novartis (Swiss)   58.8    9.9    14.6  9.2  16% Pfizer (US)   51.6  6.6  11.4  22.0 43% Taken from: http://www.bbc.co.uk/news/business-28212223. Unless otherwise noted, all figures are in billions of dollars. These companies all spent significantly more money on marketing than Research and Development. Speaking of marketing… Let’s assume that you are one of the 28 million Americans not covered by insurance. How much will you actually pay for some commonly advertised drugs? The following samples will give you a pretty good idea: · Cocentyx: is a drug used for psoriasis and psoriatic arthritis. A carton of 2 sensoready pens cost about $8,600. The total cost for the first month of treatment comes to $33,200. Thereafter, you will pay $8,600 per month. The first year of treatment will set you back $127,800. · Humira: is a drug used to treat rheumatoid arthritis. The cost per month is $4,700. Administered by bi-weekly injections. Total annual cost: $56,400. · Symbicort: is a drug used to treat asthma. One inhaler (120 doses) costs about $377. The cost per month: $188 or $2,256 annually. · Linzess: is a drug used to treat irritable bowel syndrome. You can expect to pay about $12.72 per pill or $382 per month. Annual cost $4,584. · Trulicity: is a drug used to improve blood sugar control in adults with type 2 diabetes. The maximum dosage is one, $189 injection per week. That comes to $756 per month and $9,072 per year. · Eliquis: Reduces the Risk of Stroke and Systemic Embolism in Patients with Nonvalvular Atrial Fibrillation. The dosage is two $8 tablets daily. The monthly cost is approximately $480 or $5,760 annually. · Keytruda: is a monoclonal antibody that is used to treat certain types of cancer. The dosage varies, but it is common for 200 mg to be administered intravenously once every 3 weeks, at $2,250 per injection. Annual cost: $29,250. · Viagra: is a drug to treat erectile dysfunction. The cost for one, 100 mg pill is $59. · Cialis: is also a drug to treat erectile dysfunction. One, 10 mg pill costs $41. There are only two countries in the world that allow direct-to-consumer prescription drug advertising: The United States and New Zeeland. In the United States, drug companies spend over $5 billion annually in direct-to-consumer advertising. I may be old fashioned, but I believe that you should go to a doctor, get a diagnosis, and then take your physicians advise. He or she may very well prescribe a more appropriate medication or cheaper generic equivalent than the product you see on television. Advertising is fine if it helps you make the decision between a Ford or a Chevy, but not when it comes to your health. Listening to your doctor’s perspective after reading a news report or article may help put your mind at ease, but the happy images, coupled with “voice over” side effects, contained in a drug advertisement add nothing to the conversation and is a waste of yours’ and your doctor’s valuable time.
  2. Why do Socialist Liberals like Bernie Sanders push Globalist Healthcare upon Americans, when that isn't what we want as a whole country? Sure some do, but most don't. It's because the Democrats do whatever they want, and get away with it! Why does the middle Class in this country suffer so much, and is hard to keep up bills wise? Well when an extra portion of your paycheck goes towards paying for healthcare for other people, that's part of your answer right there. When Obama was president, and the house and senate was controlled by the Democratic Party, people on welfare, and food stamps went up dramatically, and jobs were hard to find. The Democrats will keep forcing things upon Americans, weather we like it or not.
  3. So this is a real shot in the dark.. I'm brand new to the forum and trying to find some answers or leads following a conversation I was having with someone a couple of months back. So I'm a documentary photographer who has started researching into my next photographic venture. I was speaking to someone who had recently moved to the US from the UK having spent some time working over here for the NHS. The subject of healthcare in the US came up, as it often does when discussing issues within America, and after a while she briefly touched upon something which I had never heard about before or since. She told me that there has recently been a rise in the number of people offering and looking for under-the-counter healthcare services in order to cut the the usual extortionate costs required to see a doctor/get medical attention etc. I was fascinated by the idea that people should need to go to such (potentially dangerous) lengths to seek affordable healthcare, especially within the richest nation in the world. However having done some scouring through the internet I haven't really managed to find any clues that suggest that such a market actually exists. Since this girl used to work for the NHS, I don't consider her to be the most unreliable source, however since I can't get back in contact with her about it (this was a random encounter through work) I can't go back and ask where she got the information from etc. So now I'm at the point where I'm going through various forums that might host people that could have some knowledge about such a system. And so I humbly ask if anybody out there might have some experience, knowledge or rumour of any backdoor operations run by health practitioners; any news articles or research papers; or indeed any other kind of information, to please make themselves known to me either as part of this thread or in a private message. It may even be the case that you yourself have taken advantage of such a service, in which case I would love to hear your story surrounding the experience. Equally if you have belief that I am completely misinformed, then I would appreciate hearing back from you about that too! Just for those who are curious about my work and legitimacy, please take some time to have a look at my latest photo project shot earlier this year: https://www.lensculture.com/search/projects?q=paedophilia&modal=true&modal_type=project&modal_project_id=105782 and my own website: www.alexandermcbridewilson.com Many thanks for reading and hoping to hear back! Alex
  4. But I feel that having some sort of mandatory deposit into IRAs would be a better investment for everyone, rather than the "maybe" payouts of future health benefits? Thoughts? I'll have to write more about this as I gather my thoughts.
  5. Our government spends enormous money on different healthcare programs (besides trying to make ACA work, of course). They’ve spent $113 billion on mental health programs. I was really surprised about such large digits until I found out that one in five Americans has diagnosable mental illness. What is wrong with our society? Why does it gives birth to that amount of freaks?
  6. Did you know that the Ebola virus is already on the territory of the USA. Some of you might think that it's just the problem of the African continent. But it's not true. Some sorts of Ebola are the airborne infection, so it's very easy to be spread on far distances. Moreover 70% of infected died quite after. And as far as our government stopped all the donations on the search for the vaccine, every one of us can become a victim very soon.
  7. So there are a couple of things I need progressives to explain to me. 1. If the point of the affordable care act is to insure those that don't have insurance why in the shit do I have to participate in it? 2. If I should choose not to participate why is it ok to fine me for choosing not to use a "Service". 3. If I should fail to pay the fine that is levied against me for choosing not to use a service I didn't want in the first place what should my punishment be? Prison? Theft of my money through bank account seizure? Killed? 4. How is forcing somebody to buy a service through threat of violence or theft of funds constitute freedom? 5. Explain to me how forcing poor people to pay a fine if they do not buy insurance is helping them get insurance? 6. Why in the world do progressives want to expand the power of the federal government to fine an individual for not participating in a service they don't want? Surely even you can see that while right now you are getting what you want that is a good thing but down the road it could become problematic for you. Isn't forcing somebody to comply with your will even when you have the majority on your side something you see as immoral?
  8. FOUR STARTLING FACTS ABOUT U.S. HEALTHCARE 1. The World Health Organisation ranks healthcare in the U.S. 37th in the world - worse than Costa Rica or Morocco. http://bit.ly/1hxWJhh 2. The U.S. spends more per capita on healthcare than any nation in the world. http://bit.ly/16uTJ3H 3. Not surprisingly, the efficiency of the U.S. healthcare system is ranked 46th out of 48 nations – worse than Iran. http://bloom.bg/16uTVjr 4. The U.S. stands almost entirely alone among developed nations in not providing universal health care. http://bit.ly/16uUdH2 My conclusion – those who want to leave the U.S healthcare system unchanged, should be ashamed of themselves.
  9. I am sure that most of you think your company is not happy about the insurance law. It is because they will have to provide you with healthcare or pay a fine, People who do not own businesses and have to work for these people are proud to have the healthcare law implemented. The people at the top in management of the healthcare industry are thinking,how are we going to make up the difference or hide the fact that we have been ripping off the system all these years but they just cannot say it. That would expose their true thoughts about what they are going to have to do to make up the difference at tax time. The fact your rates for insurance are going up is an effort to recoup some of the expected losses they are going to incur as a result of not being able to write off all of the unpaid, marked up charges, that they have been able to take advantage of to date. They have been charging people who have no insurance double and triple and charging insured folks prices struck with doctors which are much much lower for the same procedures. They then collect as much as possible, most of the time the true cost for their service from the folks that cannot pay and charge the remaining balance off because they say they cannot collect it from the folks. At the end of the year it appears they have given all these free services to the poor and uninsured, so they effective tax on their profits are very small, if they pay any at all. Just wait a couple of years after they are exposed for the frauds they are and you will see your insurance rates going back down. You will also see many of them go out of business if they have been counting on this source of income and have not figured out how to become legitimate businesses. You cannot tell me that they are not depending on this income.
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