Anyone watch the Obamacare Infomercial on ABC?

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imported_inspire

Senior member
Jun 29, 2006
986
0
0
Originally posted by: SammyJr
Originally posted by: inspire
Originally posted by: SammyJr
Originally posted by: xchangx
How many pharmaceutical companies research and make drugs in other countries? There is a tremendous cost to that, which I think mostly reflects in the cost of the drug.

http://en.wikipedia.org/wiki/L...armaceutical_companies

About half the top list is not American and are headquartered in countries with UHC.

http://www.nih.gov/

The NIH funds most basic research in this country, without which, the Pharmaceutical firms would not be able to develop new drugs and treatments. The NIH is funded by the Federal Government. Most NIH research takes place in State run Universities.

Our high health insurance and drug prices aren't paying for anything except for flashy advertisements, lobbyists, and worthless executives. The prices could be a lot lower.

No, Pharma spend more in pharma R&D than NIH. Nice try though.

I said basic research, not pharma research. Pharmaceutical research builds upon basic biology research. We need to know how things like cancer and Alzheimer's works before you can develop drugs to treat the conditions.

Its not like you can just magically develop something like Viagra or Effexor from scratch.


Okay, that's fair enough. I just don't think that a huge percentage of Pharma's high prices are due to 'ancillary overhead'. Clinical trials cost a lot of money - and most compounds don't even make it into humans. Drug development costs have been outpacing inflation for the last two decades, while the number of New Drug Apps submitted to the FDA has been falling. I'm not trying to bust your point here, but I just want to point out that drugs cost a lot make.
 

dainthomas

Lifer
Dec 7, 2004
14,909
3,889
136
Originally posted by: inspire
Originally posted by: SammyJr
Originally posted by: inspire
Originally posted by: SammyJr
Originally posted by: xchangx
How many pharmaceutical companies research and make drugs in other countries? There is a tremendous cost to that, which I think mostly reflects in the cost of the drug.

http://en.wikipedia.org/wiki/L...armaceutical_companies

About half the top list is not American and are headquartered in countries with UHC.

http://www.nih.gov/

The NIH funds most basic research in this country, without which, the Pharmaceutical firms would not be able to develop new drugs and treatments. The NIH is funded by the Federal Government. Most NIH research takes place in State run Universities.

Our high health insurance and drug prices aren't paying for anything except for flashy advertisements, lobbyists, and worthless executives. The prices could be a lot lower.

No, Pharma spend more in pharma R&D than NIH. Nice try though.

I said basic research, not pharma research. Pharmaceutical research builds upon basic biology research. We need to know how things like cancer and Alzheimer's works before you can develop drugs to treat the conditions.

Its not like you can just magically develop something like Viagra or Effexor from scratch.


Okay, that's fair enough. I just don't think that a huge percentage of Pharma's high prices are due to 'ancillary overhead'. Clinical trials cost a lot of money - and most compounds don't even make it into humans. Drug development costs have been outpacing inflation for the last two decades, while the number of New Drug Apps submitted to the FDA has been falling. I'm not trying to bust your point here, but I just want to point out that drugs cost a lot make.

It is very well known that marketing budgets for these companies FAR exceed R&D budgets.
 

bob4432

Lifer
Sep 6, 2003
11,726
45
91
Originally posted by: Carmen813
Originally posted by: bob4432
Do you know how much tests/administration of care/hospital stay/ drugs cost?

my last surgery was neurosurgery - tumor inside spinal canal

6 1/2hrs in surgery
2 days in neuro icu
5 days in reg neuro room
all the mris/test/admin leading up to the surgery and after test/follow ups

overall cost from the misc docs/hospitals = ~$75K

don't really know what the insurance paid as these were the full bills everybody sent to me but said do not remit payment, insurance paid it. i probably put out ~$2K not including a lifetime of meds and nerve issues that you just deal w/

this is only 1 of my issues, i know my insurance hates me as i spend out of pocket ~$1K/mo for meds and insurance premiums. i am sure they would rather me just die, don't think a uhc would keep me going as i would be considered a drain on the economy....

How are you a drain on the economy at all? Your are providing doctors, nurses, medical billing personal, MRI technicians, pharmaceutical companies, and a host of other individuals, such as the janitors who cleaned your room, the technicians who prepped the surgical room, and cooks in the hospital kitchen with a job.

The only one losing out is your insurance company. And if you think about it, they have others working to file your claim and handle all the paperwork.

well, like i said that is 1 of my ailments. if this was a uhc setup and the gov was paying for everything i would have to make ~$150K+ yrly or so just to cover my living expenses and my portion of the health care that i would be using and atm that is not possible, so then i would be a drain on the whole system - taking out more than putting in. it is not the way i want it but those are the cards that have been dealt. fwiw, my ailments are not caused by a lifestyle or anything like that - hereditary/genetic situations i have not had any control over. so currently my insurance is in the red in regards to me even though i pay my portions.