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How Drug Prices Stay High

Old 04-02-07, 10:58 AM
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How Drug Prices Stay High

pretty interesting story on 60 minutes...not to mention infuriating....

we have the highest drug prices in the world thanks to the good ol pharmaceutical lobbyists...ugh so annoying.

60 minutes report

Last edited by fernsita; 04-03-07 at 10:40 AM.
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Old 04-02-07, 11:06 AM
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if you don't want to pay for lipitor then change your lifestyle. out of all the people that take it, how many really have the medical condition where the liver doesn't process cholesterol properly?
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Old 04-02-07, 11:07 AM
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Originally Posted by al_bundy
if you don't want to pay for lipitor then change your lifestyle. out of all the people that take it, how many really have the medical condition where the liver doesn't process cholesterol properly?
How does that solve the problem of high drug prices?
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Old 04-02-07, 11:12 AM
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Originally Posted by al_bundy
if you don't want to pay for lipitor then change your lifestyle. out of all the people that take it, how many really have the medical condition where the liver doesn't process cholesterol properly?
The issue on 60 Minutes was that a prescription from the VA could cost ONE THOUSAND dollars less than the same prescription through the new Medicaid prescription drug plan. Why? Because the VA can negotiate pricing but the federal government can not. The pharam industry wrote the legislation and the GOP congress passed it. The largest entitlement program in 40 years.
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Old 04-02-07, 11:14 AM
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"It prohibited Medicare and the federal government from using its vast purchasing power to negotiate lower prices directly from the drug companies."

I also heard that there is a current bill to allow Medicare to negatiate lower prices - but that Bush has said he will veto it. Any idea to the reasoning of this (other than Bush sucks or whatever)?
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Old 04-02-07, 11:15 AM
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less demand will mean lower prices

the way the industry works is that the lifestyle drugs like lipitor pay for the R&D of the drugs that cure some disease that only affects some small number of people like some arcane form of leukemia.

there are valid medical reasons to take lipitor, viagra and whatever. but i am almost positive that most of the prescriptions are because people can't be bothered to change their lifestyle. i was watching a heart disease show on pbs and they said that taking viagra may mean you have early signs of heart disease and the viagra or levitra or whatever will only cover them up
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Old 04-02-07, 11:16 AM
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Originally Posted by cpgator
"It prohibited Medicare and the federal government from using its vast purchasing power to negotiate lower prices directly from the drug companies."

I also heard that there is a current bill to allow Medicare to negatiate lower prices - but that Bush has said he will veto it. Any idea to the reasoning of this (other than Bush sucks or whatever)?
because the government negotiates for vaccines and in 2004 there was a big media circus because of a supposed shortage. it was funny to watch how the media blamed everything on bush like he was supposed to order the vaccines personally.
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Old 04-02-07, 11:24 AM
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The pharmaceutical industry isn't interested in curing anything; there's no profit in it. They're interested in creating drugs that turn fatal diseases into chronic ones and keeping it that way. They're interested in keeping chronic diseases chronic. And they're interested in boner pills.

It's disgusting.

Of course, most doctors don't help, and most people would rather pay $7000 a year for Lipitor than try to lower their cholesterol by eating better and exercising.
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Old 04-02-07, 11:28 AM
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Originally Posted by Tracer Bullet
Of course, most doctors don't help, and most people would rather pay $7000 a year for Lipitor than try to lower their cholesterol by eating better and exercising.

Bust depend on where you live. Every doctor I have gone to is big on people changing their lifestyles.
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Old 04-02-07, 11:38 AM
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Originally Posted by kvrdave
Bust depend on where you live. Every doctor I have gone to is big on people changing their lifestyles.
judging by the amount of people on these drugs my guess is very few take that advice
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Old 04-02-07, 12:22 PM
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Originally Posted by al_bundy
judging by the amount of people on these drugs my guess is very few take that advice
that's there decision.

Do people think Doctors get some kind of kickback for prescribing meds?
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Old 04-02-07, 12:38 PM
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Originally Posted by Birrman54
that's there decision.

Do people think Doctors get some kind of kickback for prescribing meds?
is that a trick question?

even if not true it's easier to write a prescription than risk a lawsuit. not like the doctor has to pay for the drugs

Last edited by al_bundy; 04-02-07 at 12:43 PM.
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Old 04-02-07, 12:47 PM
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Originally Posted by al_bundy
if you don't want to pay for lipitor then change your lifestyle. out of all the people that take it, how many really have the medical condition where the liver doesn't process cholesterol properly?
What one eats hardly 100% controls cholesterol levels. It varies from person to person but for some diet has very little to do with it and genes may be overwhelmingly dominant.

I changed my diet and exercised more and it did almost nothing. Vytorin has my cholesterol down to amazing levels with an excellent HDL/LDL ratio.

And now I eat what I want (after losing 35 pounds).
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Old 04-02-07, 12:57 PM
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there is a liver condition where you don't metabolize cholesterol properly and it can lead to elevated levels no matter what you do. but somehow i doubt that most of the people who take these drugs have it.
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Old 04-02-07, 01:10 PM
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So, the Gov't passes a policy in the middle of the night that greatly favors the drug companies, forcing Americans to pay more than anyone else for the same drugs, and making it illegal to import those drugs from anywhere less expensive, and many of those people who pushed the bill through are now making millions per year working for those same drug companies.

And you boil that down to people shouldn't take Lipitor unless they really have a specific liver problem? That is a bit of a derail of the original topic, don't you think?
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Old 04-02-07, 01:12 PM
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Originally Posted by al_bundy
is that a trick question?

even if not true it's easier to write a prescription than risk a lawsuit. not like the doctor has to pay for the drugs
Lawsuit doesn't even enter into it. Standard-of-care for patients with high cholesterol is ask them to change lifestyle and let them try if willing, IF their
cholesterol is only mildly elevated.

For the patients who won't change their lifestyles (and most don't) the doctor's
job is to treat the patient's medical condition. Statins do this, so doctors prescribe
them.

And no, doctor's don't receive any kickbacks for writing prescriptions.
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Old 04-02-07, 01:17 PM
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Originally Posted by TheMadMonk
So, the Gov't passes a policy in the middle of the night that greatly favors the drug companies, forcing Americans to pay more than anyone else for the same drugs, and making it illegal to import those drugs from anywhere less expensive, and many of those people who pushed the bill through are now making millions per year working for those same drug companies.

And you boil that down to people shouldn't take Lipitor unless they really have a specific liver problem? That is a bit of a derail of the original topic, don't you think?

in the past drug companies were liable for fake drugs since they should have known about them or done something

reason drugs are cheaper overseas is because socialized healthcare is such a failure that those national health systems sell drugs back to the US to make money rather than give them to the people in that country.
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Old 04-02-07, 01:25 PM
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Originally Posted by al_bundy
there is a liver condition where you don't metabolize cholesterol properly and it can lead to elevated levels no matter what you do. but somehow i doubt that most of the people who take these drugs have it.
Actually it varies a lot from person to person. There's a continuum. It isn't just one liver condition. I don't have any liver condition and diet did squat for me.
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Old 04-02-07, 01:26 PM
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Originally Posted by al_bundy
reason drugs are cheaper overseas is because socialized healthcare is such a failure that those national health systems sell drugs back to the US to make money rather than give them to the people in that country.
Perhaps I'm about to be proven wrong in a colossally embarrassing way, but I'm going call shenanigans on this one.
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Old 04-02-07, 01:34 PM
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Originally Posted by al_bundy

reason drugs are cheaper overseas is because socialized healthcare is such a failure that those national health systems sell drugs back to the US to make money rather than give them to the people in that country.
You're going to have to back that up with a link, because I'm calling BS.

The reason they're cheaper is that those countries NEGOTIATE with the drug companies.
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Old 04-02-07, 01:41 PM
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and those countries have socialized systems and they get a lot of drugs years after they hit the US and those drugs are supposed to be to treat the citizens of those countries. why are the socialized systems selling drugs to the US when they are supposed to be only for use in that country?
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Old 04-02-07, 01:51 PM
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1. Drug companies wanting more and more and more..... profits.

2. Third-party payments.

btw: Nonsense - al bundy. You apologists for the drug companies are going to have to come up with a better reason than that.
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Old 04-02-07, 02:23 PM
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Originally Posted by al_bundy
and those countries have socialized systems and they get a lot of drugs years after they hit the US and those drugs are supposed to be to treat the citizens of those countries. why are the socialized systems selling drugs to the US when they are supposed to be only for use in that country?
Actually they get some drugs BEFORE we do because their approval process is more streamlined.

But carry on talking out of your ass.
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Old 04-02-07, 02:32 PM
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Originally Posted by al_bundy
reason drugs are cheaper overseas is because socialized healthcare is such a failure that those national health systems sell drugs back to the US to make money rather than give them to the people in that country.

To put it bluntly, that's a load of crap.
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Old 04-02-07, 02:37 PM
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so why hasn't there been a left wing private equity social fund or something to buy up these evil companies and show them the light? they did it with Air America? they can buy up most of the drug companies, run them as socially conscious non-profits and make just enough to pay off the debt.
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