Thousands Of Elderly Patients Go Blind In Britain Due To Eye Surgery Rationing
- Thread starter UCFWayne
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It's insanely popular with old farts of all political parties. If it was really so bad we should do whatever we can to save our beloved elders from the horrors of socialized medicine.
Agree that it's a partnership, but your analogy is off. In medicine, the Government studies things like "hey, we just found that there's a protein that is elevated in 90% of prostate cancers. (hypothetical case)" Industry then goes and invests private money in figuring out how to lower that protein and then test if it reduces the prostate cancer. Maybe there are grants but often not. The Government also has no risk of lawsuits and failures. Industry has all of the risk.
In defense, the government funds the development directly. The USG funds small business in the S&T community to develop prototypes and models and requirements. Then the Government funds the development and integration. The Government has most of the risk and thus caps the amount companies may make. Maybe, after all is developed, the Government may allow the company to leverage the technology for their own uses. Sure, the defense industry has IRAD, but nowhere near on the scale of the medical industry.
prices are crazy high because the gov is involved. if gov wasnt involved prices would come back down. i mean who else pays for $600 hammer?
Right on, Wayne!
Private drug companies are being forced to raise their prescription drug prices overnight by obscene amounts because of our our doggone Government.
You realize that you're talking about different drug companies, right? That the companies that do that aren't ones that R&D drugs but are rather companies built to buy old drugs without competition and make a quick buck while industry catches up. They can be assured of years of profits doing so because the barriers to entry for a new product are so high.Right on, Wayne!
Private drug companies are being forced to raise their prescription drug prices overnight by obscene amounts because of our our doggone Government.
So yes, Government does play a role in this business model. The free market solution to this is to make the path to bring drugs to market more efficient so that natural competitive forces can work when the market for a product changes. But I think you'll find a lot more agreement if you attacked the very few predatory drug companies that have the "overnight" model and don't lump in the rest of the industry in your attack.
Not being forced to, but being encouraged to. I'm 100% on board with protecting intellectual property and having patents, but the FDA makes it almost impossible to thread the needle for competitors to enter the market. If the competitor is too close to the existing product they are subject to patent infringement lawsuits. If it isnt close enough then it doesn't make it through because it has to go through testing.Right on, Wayne!
Private drug companies are being forced to raise their prescription drug prices overnight by obscene amounts because of our our doggone Government.
and whats stopping another company from coming along to under cut them on that price gauge like we see in other industries?Right on, Wayne!
Private drug companies are being forced to raise their prescription drug prices overnight by obscene amounts because of our our doggone Government.
It's because of the patent protection process.
Instead of the way it was originally intended, today's patent protection process primarily serves the drug companies at the expense of the American people.
For Big Pharma, it’s a hell of a lot simpler to either buy the rights to drugs developed by others and then raise the prices many times over, as with Sovaldi, or to obtain a medication already in existence and then, using monopolistic control, raise the price as much as 500% or more, as in the case of the EpiPen.
perhaps people should be demanding these types of changes from their elected leaders vs gov just paying for everything and everyone.
I agree, Wayne. One indication that the American people's demand for this and other types of serious health care changes was seen in the mid-term elections. I suspect it will continue to be a major factor in 2020 as well.
EpiPen already has a generic competitor on the market with FDA approval and a lower price.
Woops! Guess you got that wrong yet again. No patent blocking the competitor from developing their own and they did. Crazy how "competition" works in a market!
Yeah boy! Keep telling yourself that your "competition" is lowering prescription drug prices.
We'll see how this works for you and your fellow red hatters in 2020.
You pointed out examples where lack of competition allowed the single producers to set the market price astoundingly high. EpiPen went from $50 to $600 over a nearly 10-year period. Now that there are a couple of competitors, Mylan has introduced a generic at half the price. So, I'd say competition has produced cheaper alternatives. Also, checking on GoodRx, you can get the EpiPen for as little as $98 at Publix with a coupon.Yeah boy! Keep telling yourself that your "competition" is lowering prescription drug prices.
We'll see how this works for you and your fellow red hatters in 2020.
Are you saying the problem of the skyrocketing cost of prescription drugs has been solved?
Here's an interesting article from April 8th of this year: https://finance.yahoo.com/news/why-prescription-drug-prices-keep-220415209.html
Do you actually read what you post? In addition to patent reform, the article also suggests transparency to enhance competition and the simplification of regulations to eliminate gaming the system. Simplification of regulations is the elimination of barriers to entry that discourage fair competition.
Yes, I do. The real question is: did you 'get' it?
Yes, the author of the article suggests solutions.
Have they been implemented by the Trump Administration?
They may have been if you wouldn't have had every Democrat voter and a few Republican voters vote against reform. They know that the media pressure is immense against any Republican change and, at this point, is pushing towards a government solution because they are indoctrinated into the belief that industry is evil and government is good and kind.
Damn, I missed that. When were those reform bills voted down "by every Democrat voter and a few Republicans"?
https://www.nbcnews.com/politics/congress/senate-gop-effort-repeal-obamacare-fails-n787311
"The Senate has tried to pass multiple versions of repeal: repeal and replace, a straight repeal and Friday's bare-bones repeal, but none garnered the support of 50 Republicans"
I find it very hard to believe that you don't remember this.
Lol this guy is either clueless or a liar. Or both. I really think it’s both at this point
OOOOOH. I thought we were talking about REFORM, not repeal. My bad.
Funny how many Republicans who voted to repeal the ACA turned around during the midterms and told their constituents that they will continue to defend preexisting conditions coverage.
I'll take reading comprehension for 100 Alex.OOOOOH. I thought we were talking about REFORM, not repeal. My bad.
Funny how many Republicans who voted to repeal the ACA turned around during the midterms and told their constituents that they will continue to defend preexisting conditions coverage.
"The Senate has tried to pass multiple versions of repeal: repeal and replace, a straight repeal and Friday's bare-bones repeal, but none garnered the support of 50 Republicans"
But you don't want free market solutions anyways so a simple repeal and a simplification of previous regulations would never elicit anything but more of the same comments as seen above from you. You're not going to be happy unless they replace the current government-heavy system with an even-more government-heavy system. So, why even bother commenting?
Repeal and replace? Bullsh*t.
The best Republicans could do was talk about repealing the ACA...
THEN they would replace it (um, eventually) with something really, really amazing. With what you ask? Just TRUST them, it would have been truly A-MAZING!!!
Anything is better than the crap that we have nowRepeal and replace? Bullsh*t.
The best Republicans could do was talk about repealing the ACA...
THEN they would replace it (um, eventually) with something really, really amazing. With what you ask? Just TRUST them, it would have been truly A-MAZING!!!
So I have doubts about the GOPe as well. But going socialist isn’t the answer.Repeal and replace? Bullsh*t.
The best Republicans could do was talk about repealing the ACA...
THEN they would replace it (um, eventually) with something really, really amazing. With what you ask? Just TRUST them, it would have been truly A-MAZING!!!
You do know that the origin of the ACA was a conservative think tank and then Gov. Romney's statewide plan in Mass., right?
Don't worry about it. We'll have to pass their bill to find out whats in it when they come up with one. Details are irrelevantRepeal and replace? Bullsh*t.
The best Republicans could do was talk about repealing the ACA...
THEN they would replace it (um, eventually) with something really, really amazing. With what you ask? Just TRUST them, it would have been truly A-MAZING!!!
That was an interesting article. Thanks for sharing it.
While the author tried to spin away Heritage's early role in the eventual creation of the ACA, there's still Romneycare.
Wait, I thought Jonathan Gruber was the primary architect for both? He certainly was heavily involved in Romneycare. Even credited by Romney for his Econometric model.
Oh, I know Obama distances himself after Gruber’s comments came out. But that dude was far more influential than the Heritage Foundation.
I love when liberals reference Romneycare. Why? Because whatever you think of it, a blue state (with a then R Governor) at least passed it into existence and proved that on some level it's actually feasible.
That of course stands in total opposition to MFA, "universal health care", or anything of that nature, given that even the bluest of blue states have been totally incapable of making it feasible to pass on a State level.
All we hear is how awesome MFA is, yet no CA, VT, NY, OR, etc have passed anything close to it. We of course know the reason why, but shook Democrats like Shook Chicken remain in denial about this.
That of course stands in total opposition to MFA, "universal health care", or anything of that nature, given that even the bluest of blue states have been totally incapable of making it feasible to pass on a State level.
All we hear is how awesome MFA is, yet no CA, VT, NY, OR, etc have passed anything close to it. We of course know the reason why, but shook Democrats like Shook Chicken remain in denial about this.
