Drug prices

colonel

Golden Member
Apr 22, 2001
1,786
21
81
The Drug prices are killing our seniors, the same drug are been sold 50% cheaper in Canada, Why the goverment dont care about our seniors? They make the excuse that rest of the money are going to "research" labs, well anytime a new drug is coming out is so expensive.
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,268
126
Originally posted by: colonel
The Drug prices are killing our seniors, the same drug are been sold 50% cheaper in Canada, Why the goverment dont care about our seniors? They make the excuse that rest of the money are going to "research" labs, well anytime a new drug is coming out is so expensive.

Canada has a different government which allows them to set prices, where it MAY be unconstitutional to do so here. Also, drug companies have so much influence in politics, that I do not see anything happening regardless.
 

Mill

Lifer
Oct 10, 1999
28,558
3
81
Simply because the US pays out the nose, so the rest of the world can have cheap prices.
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.
 

Mill

Lifer
Oct 10, 1999
28,558
3
81
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

You elected them. I have only been able to vote for 2 years.
 

freegeeks

Diamond Member
May 7, 2001
5,460
1
81
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.


I think that is an oversymplistic explanation. Maybe your govt. or firms has something to win by these high prices.

 

zantac

Senior member
Jun 15, 2003
226
0
0
The US allows the drug companies to rape the american people. Corporate lobbyists and huge campaign donations keep washington in check. The house voted on the re-importation bill about a week ago thanks to Rep Emerson making a deal with the repubs allowing an up or down vote, and it passed. Hopefully it will be agreed to in conference with the senate and dubya doesnt veto. This would make the drug companies compete with the lower prices in other contries. This would save the American people billions of dollars
 

Nitemare

Lifer
Feb 8, 2001
35,461
4
81
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

Dayum Barney, I agree with you once

Politicians get majorly paid off by drug companies. I heard an ad on the radio urging us as concerned voters and citizens to contact our local representative and urge them to vote against the easing of medicines from other countries because they would bring in inferior quality medicines. I about wrecked the car I was laughing so hard.
 

freegeeks

Diamond Member
May 7, 2001
5,460
1
81
Originally posted by: Nitemare
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

Dayum Barney, I agree with you once

Politicians get majorly paid off by drug companies. I heard an ad on the radio urging us as concerned voters and citizens to contact our local representative and urge them to vote against the easing of medicines from other countries because they would bring in inferior quality medicines. I about wrecked the car I was laughing so hard.


we have a new law where I live that makes it mandatory for someone who prescribes a drug to give a generic drug if it exists. This makes it cheaper for the patient and the insurer (the govt.). The only one who gets shafted is the drug company
:D
 

Nitemare

Lifer
Feb 8, 2001
35,461
4
81
Originally posted by: freegeeks
Originally posted by: Nitemare
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

Dayum Barney, I agree with you once

Politicians get majorly paid off by drug companies. I heard an ad on the radio urging us as concerned voters and citizens to contact our local representative and urge them to vote against the easing of medicines from other countries because they would bring in inferior quality medicines. I about wrecked the car I was laughing so hard.


we have a new law where I live that makes it mandatory for someone who prescribes a drug to give a generique (sp?) drug if it exists. This makes it cheaper for the patient and the insurer (the govt.). The only one who gets shafted is the drug company
:D

I've got blue cross and blue shield/ a non-profit health insurance company My cost for perscriptions is 10 for generic, 20 for non-generic, and 35 for "the good stuff(most medicines are this)"

7 years ago I had a for profit health insurance coverage, Partners, and it was 5 bucks for any medicine. Needless to say I see absolutely nothing wrong with buying meds from Canada or Mexico nowadays.
 

freegeeks

Diamond Member
May 7, 2001
5,460
1
81
Originally posted by: Nitemare
Originally posted by: freegeeks
Originally posted by: Nitemare
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

Dayum Barney, I agree with you once

Politicians get majorly paid off by drug companies. I heard an ad on the radio urging us as concerned voters and citizens to contact our local representative and urge them to vote against the easing of medicines from other countries because they would bring in inferior quality medicines. I about wrecked the car I was laughing so hard.


we have a new law where I live that makes it mandatory for someone who prescribes a drug to give a generic (sp?) drug if it exists. This makes it cheaper for the patient and the insurer (the govt.). The only one who gets shafted is the drug company
:D

I've got blue cross and blue shield/ a non-profit health insurance company My cost for perscriptions is 10 for generic, 20 for non-generic, and 35 for "the good stuff(most medicines are this)"

7 years ago I had a for profit health insurance coverage, Partners, and it was 5 bucks for any medicine. Needless to say I see absolutely nothing wrong with buying meds from Canada or Mexico nowadays.

holy crap



 

tnitsuj

Diamond Member
May 22, 2003
5,446
0
76
You people don't get it do you?? Canda is a socialist country. They put price controls on thier drugs and subsize others. BY IMPORTING DRUGS FROM CANADA YOU ARE IMPORTING SOCIALISM!!!!!!!!!!!! Is this what you want? At least in the good old USA, you can know that your drugs aren't being subsidized by some welfare state. USA USA USA!!!
 

Bosshawk1

Member
Feb 13, 2003
79
0
0
Let me tell you, if we dont watch out Canada may just trap all of North America in its staunch socialism. Yeah whatever.
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Originally posted by: tnitsuj
You people don't get it do you?? Canda is a socialist country. They put price controls on thier drugs and subsize others. BY IMPORTING DRUGS FROM CANADA YOU ARE IMPORTING SOCIALISM!!!!!!!!!!!! Is this what you want? At least in the good old USA, you can know that your drugs aren't being subsidized by some welfare state. USA USA USA!!!


Actually in most foreign countries, the government strikes a deal with drug manufacturers to purchase them in bulk at whatever rate they agreed upon. Drugs aren't subsidized by countries. In America, drugs are priced at whatever the drug companies feel like. The problem is that their isn't any competition and people are at the mercy of the drug companies. You either pay $400 a month in medications, or you die. Health services and medication should not be treated as goods which they currently are. The sad thing in all of this as that I've read that the pharmaceutical industry had profit margins that were 4 times higher than Forbes 500 corporations. What can be done? Our only hope is to import medication from Canada since this is what goes on in Washington
Link
 

Nitemare

Lifer
Feb 8, 2001
35,461
4
81
Originally posted by: tnitsuj
You people don't get it do you?? Canda is a socialist country. They put price controls on thier drugs and subsize others. BY IMPORTING DRUGS FROM CANADA YOU ARE IMPORTING SOCIALISM!!!!!!!!!!!! Is this what you want? At least in the good old USA, you can know that your drugs aren't being subsidized by some welfare state. USA USA USA!!!

We buy cheap meds from Canada and let the Canadian tax payers pay for the price difference ;) Thanks Canucks
 

digitalsm

Diamond Member
Jul 11, 2003
5,253
0
0
The real issue is, US companies spend massive amounts of money on R&D, then other countries setup companies that just make the drugs, and dont do the R&D for them.
 

SuperTool

Lifer
Jan 25, 2000
14,000
2
0
Originally posted by: digitalsm
The real issue is, US companies spend massive amounts of money on R&D, then other countries setup companies that just make the drugs, and dont do the R&D for them.

Pharma spends a lot more money on advertising than they do on R&D. I think we should ban direct to consumer advertising of prescription drugs.
The cost of this advertising is passed on to the consumer, and it drives up demand for drugs, increasing prices. Also, there is nothing stopping consumers from buying prescriptions from Canada and enjoying the benefits of their price controls, now is there?
 

JellyBaby

Diamond Member
Apr 21, 2000
9,159
1
81
I think we should ban direct to consumer advertising of prescription drugs.
I used to generally agree but this only attempts to treat a symptom. Besides it's rather draconian. Other industries advertise heavily yet are able to sell their products at low prices. Wal Mart comes to mind as do pizza joints. If you put this restriction on Wal Mart it would actually lead to increased product costs for consumers as demand for Wal Mart stuff drops.

Something else is behind the increased cost of drugs.
 

sandorski

No Lifer
Oct 10, 1999
70,882
6,420
126
Originally posted by: Nitemare
Originally posted by: tnitsuj
You people don't get it do you?? Canda is a socialist country. They put price controls on thier drugs and subsize others. BY IMPORTING DRUGS FROM CANADA YOU ARE IMPORTING SOCIALISM!!!!!!!!!!!! Is this what you want? At least in the good old USA, you can know that your drugs aren't being subsidized by some welfare state. USA USA USA!!!

We buy cheap meds from Canada and let the Canadian tax payers pay for the price difference ;) Thanks Canucks

No we don't. Even though drug prices are much cheaper here, the drug co's are still making profits(without any special funding from the government), just not as much as in the US.
 

freegeeks

Diamond Member
May 7, 2001
5,460
1
81
Originally posted by: digitalsm
The real issue is, US companies spend massive amounts of money on R&D, then other countries setup companies that just make the drugs, and dont do the R&D for them.

IMO you got it all wrong. Look at the post I made in aother thread (can americans explain to me why...) and you will see that R&D cost are marginal when you compare it with the total turnover of the pharmaceutical industry in the USA and Europe

 

IGBT

Lifer
Jul 16, 2001
17,976
141
106
It's a business practice called "market pricing". What ever the market will bare. This concept is applied to all retail consumer markets.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Originally posted by: Nitemare
Originally posted by: BarneyFife
Originally posted by: Millennium
Simply because the US pays out the nose, so the rest of the world can have cheap prices.

No. It's because the politicans are bought and paid for by the drug industry. Americans get raped with toilet plungers because of those stupid bozos in Washington.

Dayum Barney, I agree with you once

Politicians get majorly paid off by drug companies. I heard an ad on the radio urging us as concerned voters and citizens to contact our local representative and urge them to vote against the easing of medicines from other countries because they would bring in inferior quality medicines. I about wrecked the car I was laughing so hard.

WOW! And i don't agree with either of you. A company can charge whatever they want for thier product as long as they are not a monoply. Don't like it? don't buy it... And there are alternatives to every medication you can ask the Doctor for.

Cost lots of money for R and D, for every drig thats a hit there are thousands reseached that go nowhere and they still have to pay millions for each to research.

We lead the world in pharmacuticals for this reason, please do not vote to destroy another industry.
 

BarneyFife

Diamond Member
Aug 12, 2001
3,875
0
76
Either some of you are blind or are unable to read. The pharmaceutical companies make 4 times the profit fortune 500 companies. It's not R&D, it's pure greed.

It's a business practice called "market pricing". What ever the market will bare. This concept is applied to all retail consumer markets.

Stop comparing life and death medication to deciding which tv set you should buy.



Cost lots of money for R and D, for every drig thats a hit there are thousands reseached that go nowhere and they still have to pay millions for each to research.

Do you realize that a lot of drugs have been created with public taxpayer money? I don't want to hear these lame excuses. I've actually wrote a research paper on this topic and you'd crap your pants if you figured out the truth. Unless you choose to ignore it and go on some Steve Forbes capitalist rampage.
 

LikuidElvanFirestar

Junior Member
Aug 1, 2003
15
0
0
I don't agree with expensive R&D.

The propecia drug came off finasteride (prostate problems). You pay more for 1mg than you would with a 5mg finasteride tablet and you gel less with propecia.

Some R&D. Just Greed. No value for human life. Just the bottom line.