sticker shock..wow

Good old American health care, it's good for those that can afford it! I wonder what the same thing would cost in Europe? My chemo pills are extremely expensive, but the pharmaceutical company pays my deductible and my insurance pays the rest, but it sounds crooked to me.
 
The wife has the same problem with her insulin. Somebody is making money. You know they are making it by the tanker car load every day. Must be flakes of gold in it.
 


I realize this is a sensitive subject, but how does anyone expect these drug companies to stay in business with hundreds or thousands of chemists and MDs spending years researching drug development, building facilities and paying all the costs associated with the business like taxes, healthcare, insurance, etc., plus paying the stockholders and then providing cut rate supplies of their products to the gov't, various charities that supply services, etc? You see a bill for $3200.00, but you know the insurance co only pays a fraction of that price. It's an incredibly expensive business, like most other businesses.

I'm not saying it doesn't seem insane to see a price like that, but it's not the whole story.
 
My son's epilepsy medication ran about $6000 a month. When he was in third grade his class attempted to write up a math equation to figure out how many pills he had taken since he was 3 years old and they came up with over 40,000.
 
In Europe the government health care systems would prescribe something much cheaper - even it didn't work.
 
One of the shots I get is $3,000 for an amount of stuff that wouldn't fill a Bic ink pen tube. I get it twice a month.
 
Yes, but what are you going to do when the insurance company put's a cap on it? Mine did that a couple years ago. $5,000 is the limit. Anything over and you're done. We grumble about the crooked insurance company's but they are being robbed every day by the drug company's. The entire health care industry is ran by robbers.
 
They live longer because they are more active. The US government pays to many people to sit and do nothing. The primary disease of the poor in the US is obesity.
 
The argument by drug companies that they charge so much is because of research and development. Yet most of the cost for that are paid for with government grants. Yes they are given massive grants so that our politicians can claim with a straight face that they are not subsidizing the drug industry. Plus look at the cost of the same drug, sold by the same company in other countries. Why do they stick it to us and sell it in Europe of Canada for 1/2 or even less?

Look at the health care industry. Even non profit hospitals and charging outrageous rates and then so they show no profit building million plus dollar new facilities. The for profit companies are doing the same thing to avoid paying taxes. On that I know of is building a new 11 story hospital in a smaller city where they already own 3 or 4 other hospitals. Not because they need it but because they need to burn the profit up.

On the insurance side. It's been in the news. Bunch of start up companies that the federal government leant money to for start up so they could sell on the state and federal markets have already gone under to the tune of billions of tax payer dollars that the government can never hope to recover. Other major providers that offer multi line insurance have either stayed out of or drop out of the markets because they were losing money or couldn't pencil it out to start with. Prior to the affordable health care act the average company selling medical insurance made about a 5-6% profit on medical insurance. Yea there was one company making 16% and some others making about 8%. Now these same companies are saying they can't provide cost effective insurance and make a profit?

Rick
 
The explosion about 40 -50 years ago, of everyone thinking they had to buy insurance is what has caused this.

If people had to walk in and pay out of pocket for everything, prices would go do to half in a year.

No body worries what anything cost anymore. They know they have to meet their deductibles and co-pay, and after that everything is "Free"

None of our familly had health ins. until about 1975. We always went into small town doc. He even has his own meds. He didn't even have a receptionist. You just went in a little room and waited for him to come out front. You got done, he counted out your pills, and you paid him.

He never messed with ins. If you had it and wanted to file a claim, that was up to you.

Back then people only bought "major medical" for the catastrophic events. And it was your choice, just like fire insurance for your house.

The proliferation of everyone having ins., and the tendency of everyone to run to the doctor for the least little thing has cause this mess.

Gene
 
My sister worked in the pharmacy at a non-profit children's hospital. She told me that they priced all their prescriptions at X 9 plus a dollar. Why is it that we could purchase the same drugs from other country's, that are made here, cheaper then we can at the local drug store, yet congress makes that illegal? That's part of the gimmick right there. gm
 
You think Bernie is going to change something to help people that work and pay for things? You are the enemy to him and his.
 
Here ya go
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