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More about being ripped off by the pharmaceutical companies.
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Feb 2, 2017 18:23:29   #
sb Loc: Florida's East Coast
 
boberic wrote:
With regard to CEO salaries--You gotta ask 1 question- Whats anything worth? Answer--what someone is willing to pay. Why is a house on the beach worth 1 million when a house across the street is worth 1/2 that.? same answer. We just sold a painting form an artist from the late 1600's for $3,100. A rembrandant done at the same time woukld go for $30 million. :Yes it's not fair that the CEO makes X while an average worker makes Y. But who is to set the prices. I don't want to have the government make those kinds of decisions. The thing is that average workers are easy to find while good CEO's are rare. For a while I was an independant contractor. If I didn't perform I didn't eat. I believe that a CEO"s income should be based, in part, on the profitability of the company. Why is Tom Brady worth 30 million a year> becuse managment thinks he's worth it. Nobody ever said that life is fair.
With regard to CEO salaries--You gotta ask 1 quest... (show quote)


I can easily decide if I want to spend the money for a house on the beach - but my LIFE does not depend upon me living on the beach. Some things should not be all about profit.

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Feb 2, 2017 18:51:17   #
Sandrea
 
Part of the problem originates with the concept of MEDICAL school where much of the course work is based on learning medicine not HEALTH. There is less money for the pharmaceutical companies and doctors to learn what the basis of the condition is and to correct that condition. Medical students still are taught almost nothing about nutrition, laugh at vitamins and supplements and the pharmaceutical companies and the FDA do what they can to keep effective natural products off the market.

Before the AMA and medical schools were the only game in town, there were schools that taught health and natural healing. Homeopathy has also been effective for well over a hundred years but is considered a joke my most today and the medical business makes sure it stays that way.

I am 74, my husband 73. We take no prescription drugs. My only operation was a tubal ligation at 30 years, my husband had a cataract removed in one eye a couple years ago and a kidney stone broken up last year. Our bill for vitamins and supplements for the two of us is about $200/month but hearing the cost of drugs for many, I will consider myself lucky. Another expense is about $150/year for health newsletters. Among other things they taught me was to decline the Statins my DR wanted me to take. I had to show her the studies that showed that the drug weaken the heart and other muscles, can damage the liver and thyroid and that people with low cholesterol die younger than those with high cholesterol. I don't know if the information effected how she treats other patients.

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Feb 2, 2017 19:23:45   #
canarywood1 Loc: Sarasota,Florida
 
Not to worry everyone, when the Donald get's wind of this, things WILL change, Yeah right.

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Feb 2, 2017 19:27:15   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
canarywood1 wrote:
Not to worry everyone, when the Donald get's wind of this, things WILL change, Yeah right.



I wondered how long before one of you crybabies tried to bring Trump into it! Simply out, Obama did Nada for 8 years, so Trump can't do worse. Come on, man....buck up and move on.

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Feb 2, 2017 20:00:28   #
RonKoris Loc: St. Helena Island, SC
 
In my youth I was a sales rep. For a Veterinary Supply Company. We received a new drug from Parke Davis called amoxicillin. Our product was the same as what was being sold to the human market, same label, etc. Parke Davis sold this direct to the drug stores and we bought it as a wholesaler. At the price we purchased this from the company we could have doubled our price and sold it to the drug stores for less than they where paying to purchase direct from Parke Davis.

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Feb 2, 2017 20:08:55   #
RonKoris Loc: St. Helena Island, SC
 
In my youth I was a sales rep. For a Veterinary Supply Company. We received a new drug from Parke Davis called amoxicillin. Our product was the same as what was being sold to the human market, same label, etc. Parke Davis sold this direct to the drug stores and we bought it as a wholesaler. At the price we purchased this from the company we could have doubled our price and sold it to the drug stores for less than they where paying to purchase direct from Parke Davis.

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Feb 2, 2017 20:13:16   #
RonKoris Loc: St. Helena Island, SC
 
By the way my wife has Epi-pin's for allergic reactions. They costs over 600.00 for two pins that have less than one dollar of epineprine in them. Go figure who's making the money.

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Feb 2, 2017 20:31:41   #
Cykdelic Loc: Now outside of Chiraq & Santa Fe, NM
 
You guys are begging the comment......if you're so outraged, start a pharmacy company and u deduct everyone and make a bazillion bucks if it's that easy.

Please don't attack.......I'm just making the point that as with everything it's just a little more complex than a couple of CEOs making too much money.

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Feb 2, 2017 22:40:45   #
Flyerace Loc: Mt Pleasant, WI
 
sb wrote:
My biggest complaint is that it is not possible for consumers of health care to be informed consumers faced with reasonable competition - at least in our country. Those who argue for a "free market" fix of our system do not understand that there is no free market. If your physician is at the hospital clinic and sends you to the hospital imaging center you get a CT scan with a price tag of $3,000. That CT san is no different than the CT scan the imaging center down the street offers for $300. And even the physicians have no idea that they are an accomplice to this terrible system - I asked at a Family Practice meeting one time if any of our FPs knew what our hospital charged uninsured patients for a simple EKG. In our offices we get paid about $30 for this procedure. None of the docs had any idea that the hospital charged $335!
My biggest complaint is that it is not possible fo... (show quote)


The big thing affecting the charges of a hospital MRI vs an independent MRI is simple. The hospital probably has an ER. So many patients (even on Medicaid) do not have a physician and they use the ER. They don't pay anything, but they use over 80% of the ER services in the course of a year. The exorbitant charges made by the hospital go to funding the ER. I have been in the ER with a broken arm and people are being seen because they have a cold. The walk in clinic was in the next building, but they still came to the ER. There is a "no turn away" policy in this hospital, but they could certainly transport them over to the walk in clinic where they could be seen.

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Feb 3, 2017 00:42:16   #
brucebc Loc: Tooele, Utah
 
warrior wrote:
Isn't Tri-care and Tricare for life GREAT


Sure is!

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Feb 3, 2017 06:17:16   #
Tom G Loc: Atlanta, GA
 
boberic wrote:
With regard to CEO salaries--You gotta ask 1 question- Whats anything worth? Answer--what someone is willing to pay. Why is a house on the beach worth 1 million when a house across the street is worth 1/2 that.? same answer. We just sold a painting form an artist from the late 1600's for $3,100. A rembrandant done at the same time woukld go for $30 million. :Yes it's not fair that the CEO makes X while an average worker makes Y. But who is to set the prices. I don't want to have the government make those kinds of decisions. The thing is that average workers are easy to find while good CEO's are rare. For a while I was an independant contractor. If I didn't perform I didn't eat. I believe that a CEO"s income should be based, in part, on the profitability of the company. Why is Tom Brady worth 30 million a year> becuse managment thinks he's worth it. Nobody ever said that life is fair.
With regard to CEO salaries--You gotta ask 1 quest... (show quote)




It goes a bit deeper than that. Most people will pay whatever they can for whatever they Want. Products and/or services that people Need, and that are Needed by every citizen, should be in a different category.

Costs for things like food, medicine, utilities, transportation, and a few others should be regulated by the government - Yes, I said government. Capitalism is a wonderful economic system and competition is good; however, the primary focus of capitalism is to eliminate the competition so as to create a monopoly or at least an oligopoly. Government has a responsibility to protect its citizens against harm, e.g., war, economic depression, and monopolies concerning things they Need.

If you object to Tom Brady making $30 Mil/Year, stop going to the Patriot's games, and stop buying the products they advertise.

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Feb 3, 2017 06:22:12   #
Tom G Loc: Atlanta, GA
 
philo wrote:
To me the biggest rip off is being a board member. I will sit on your board and you pay me 20k per year and you can sit on my board and we will pay you 20k per year. Some people ie Bill Clinton sits on a number of boards, do nothing except have their name on the annual report and make money for dong nothing.


You talk like a man who believes everything he hears.

The example you give is merely a symptom, not a cause.

And, why pick on old Bill Clinton. His outrageous greed pales compared to the the upper 5%

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Feb 3, 2017 06:48:46   #
sb Loc: Florida's East Coast
 
Glad this has gotten people talking!

Another example of how "big pharma" effects us: Marijuana.

THIRTY years ago the FDA approved synthetic THC as a "safe and effective" medication, and I can prescribe you capsules of THC - which will set you back about $800 for 60 capsules of the now-generic dronabinol.

And yet if you want to use the natural product, you can go to jail! Go figure.

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Feb 3, 2017 09:12:19   #
AlColter Loc: Michigan
 
There is no mystery here, the pharmaceutical companies have their butt boys in congress which give us two things. 1) Free market rip off due to greed and these same guys are members of the 1% ers. They don't care about people they care about their fellow 1% ers.

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Feb 3, 2017 09:33:37   #
fotonut
 
Ok... Here's a good one. I needed eye drops before surgery. I was given Restasus ( not sure of spelling). Anyhow, my Dr said that these eyedrops go for $800. to $1000.00 for a MONTHS supply! I get them through the VA for...now get this...$9.00 Go figure

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