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barbaraann

(9,151 posts)
Mon Jun 6, 2022, 05:56 AM Jun 2022

Big Pharma Is Hijacking the Information Doctors Need Most - Time magazine

BY JOHN ABRAMSON APRIL 28, 2022 4:10 PM EDT
Dr. Abramson is author of the new book, Sickening: How Big Pharma Broke American Health Care and How We Can Repair It, and serves on the clinical faculty of Harvard Medical School, where he teaches public health policy.

Back in 1982, when I first began my career as a family practitioner in a small town of Boston, I was confident that the care I’d provide would be as effective as the care patients receive anywhere in the world. At the time, the death rate for Americans was lower than that of comparable countries, resulting in 128,000 fewer deaths annually. Although healthcare was expensive—costing 2.3% more of our GDP than the average of 11 other wealthy countries—the rapid growth of HMOs and managed care plans promised to make our healthcare even more effective and efficient.

Over the ensuing four decades, however, the opposite has occurred. The same age-adjusted mortality rate has improved so much more in comparable countries that, by 2017, an excess 478,000 Americans were dying each year. This translates into an extra 1,300 deaths daily, equivalent to three jumbo jets crashing every day. The everyday poor health of Americans and the inability of our healthcare system to mitigate preventable deaths amounts to a crisis that dwarfs even the COVID-19 pandemic. And our excess spending has risen to 6.8 percent of GDP, or $1.5 trillion per year.
...
To this day, Big Pharma companies remain unwilling to disclose their underlying clinical trial data. The most recent example involved Pfizer’s COVID-19 vaccine. In September 2021, one month after the vaccine had been granted full approval by the U.S. Food and Drug Administration (FDA), a group of medical researchers and scientists sued the agency for the release of 451,000 pages of scientific documents it had evaluated prior to granting the vaccine full approval. Even though the agency required only 108 days to sufficiently evaluate these documents before granting the vaccine formal approval, the FDA (with Pfizer wanting to join the lawsuit), argued that the fastest they could release the data was five hundred pages per month, meaning that it would take seventy-five years before the documents were released in full. On January 6, 2022, U.S. District Judge Mark Pittman ruled that the FDA must release 55,000 (not 500) pages of the documents each month until complete.
...
The industry’s control over what doctors believe about optimal therapeutics explains why new, expensive drugs are used more liberally in the U.S. than other countries. Without access to the actual clinical trial data, medical journals are publishing unvetted articles that doctors then rely on to treat their patients. Although prescription drugs “only” account for 17% of U.S. health-care expenditures, this has become a “tail wags dog” situation: The drug companies control the “knowledge” that informs doctors’ clinical decisions. This leads to soaring pharmaceutical profits and crippling healthcare costs, while doctors have no way of knowing which therapies are more effective—or more efficient. Americans deserve better.

https://time.com/6171999/big-pharma-clinical-data-doctors/

This article explains how academic researchers were forced to turn to private companies for funds when Ronald Reagan slashed government funding for university-based medical research. Also, the 1980 University and Small Business Patent Procedures Act (Bayh-Dole Act) enabled nonprofit institutions and researchers to benefit financially from federally funded research.

Here is a link to a 2020 web page for the "Bayh-Dole Coalition:"
https://bayhdolecoalition.org/new-coalition-launches-to-celebrate-and-protect-the-bayh-dole-act/
Check out the partial list of members at the bottom.

Where will this focus on profit in our medical/pharmaceutical system lead us?









17 replies = new reply since forum marked as read
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Big Pharma Is Hijacking the Information Doctors Need Most - Time magazine (Original Post) barbaraann Jun 2022 OP
Very interesting read.. thank you secondwind Jun 2022 #1
You're welcome! n/t barbaraann Jun 2022 #15
It isn't about health care or Bettie Jun 2022 #2
Excellent analysis. Of course the insurance companies want their large slice of the pie. erronis Jun 2022 #5
I do not gisagree with what you wrote lonely bird Jun 2022 #10
Yep. That's part of the problem too Bettie Jun 2022 #13
"Doctors and other medical professionals are as trapped in this system as the people"... llmart Jun 2022 #3
MUST READ malaise Jun 2022 #4
Some things never change. It's all about the money. Ferrets are Cool Jun 2022 #6
Insurance has become a joke. Pharmacy owned by insurance (Aetna CVS) is obscene lostnfound Jun 2022 #7
Message auto-removed Name removed Jun 2022 #8
WaPo has an article about Medicare Advantage plans pushing doctors to add phony codes. Lonestarblue Jun 2022 #9
Never get Rebl2 Jun 2022 #14
K&R Doc Sportello Jun 2022 #11
Here's where they gained the ability to to do this... 2naSalit Jun 2022 #12
So the FDA is enabling Big Pharma? live love laugh Jun 2022 #16
Yes. Here's some info: barbaraann Jun 2022 #17

Bettie

(16,089 posts)
2. It isn't about health care or
Mon Jun 6, 2022, 07:29 AM
Jun 2022

keeping people alive. It's about how much profit they can wring out.

It isn't health care anymore, it's wealth transfer. Our current health "care" system is a conveyer to move money up the income scale to the very top where it stays.

Doctors and other medical professionals are as trapped in this system as the people who need to seek care.

Hospitals are owned by corporate groups that care only about the bottom line and how much cash they can harvest.

lonely bird

(1,685 posts)
10. I do not gisagree with what you wrote
Mon Jun 6, 2022, 08:29 AM
Jun 2022

I will, however, add this:

There is no healthcare “system” in the United States. The closest to a system is the VA. Beyond that it is a mish-mash of competing business units attempting to wring as much profit as possible out of the chaos. And of course there is profit in chaos, complexity and the lack of transparency.

If you happen to live in an area where you have access to healthcare and through our idiotic employer-based healthcare payment catastrophe the ability to get some payment for services that you require then you might, MIGHT, be OK.

We have all seen and pointed out the mess that is healthcare in this country. What is far worse is the stupidity of far too many people who scream “socialism” regarding single payer/universal coverage while at the same time they start go-fund-me pages or put coffee cans on the counter at gas stations pleading for money to pay for treatment.

I give the country 30 years, max.

Bettie

(16,089 posts)
13. Yep. That's part of the problem too
Mon Jun 6, 2022, 08:50 AM
Jun 2022

The worst component is the whole profit motive.

Caring for the health of humans is difficult when the primary motivation of the overarching system is profit, which must increase constantly...so staffing suffers, patient care suffers, insurance companies work to pay for as little as they can, and in the end, human beings suffer from it.

We have the best healthcare infrastructure in the world...but as long as the primary goal is to make bigger and bigger profits year after year, we'll never have good health care.

llmart

(15,536 posts)
3. "Doctors and other medical professionals are as trapped in this system as the people"...
Mon Jun 6, 2022, 07:35 AM
Jun 2022

A lot of people like to blame doctors, but a lot of doctors aren't happy with the insurance companies who are calling the shots (no pun intended) as to healthcare protocol more so than the actual medical personnel.

lostnfound

(16,173 posts)
7. Insurance has become a joke. Pharmacy owned by insurance (Aetna CVS) is obscene
Mon Jun 6, 2022, 08:13 AM
Jun 2022

The science is getting better all the time, but 1) doctors are slaves to insurance companies. 2) pharmacy benefit managers PBMs are conmen and e) mergers between insurance and pharmacies should never have been allowed

Insurance companies are hiring tens of thousands of nurses to “staff nurse call lines” (fine) and be “care coordinators” (not fine).or “denial appeal coordinators” etc.
They claim it’s about getting the right treatment but I’m not so sure.

There’s an expensive medicine that is recognized by the specialists as the number 1 most effective treatment to stop or reverse the progress of a disfiguring disease, but insurance stopped covering it. The denial letters have gotten fancier. I suspect that some day medical science will prove that it also prevents debilitating side effects at a deeper level, but for now, they are just interested in denying expensive coverage and pretending it’s for medical reasons.

Response to barbaraann (Original post)

Lonestarblue

(9,974 posts)
9. WaPo has an article about Medicare Advantage plans pushing doctors to add phony codes.
Mon Jun 6, 2022, 08:25 AM
Jun 2022

They have gotten doctors to add phony codes to patient records for illnesses the patients don’t have so they can bilk the government for more profits. The Advantage program allows insurers to make healthcare decisions rather than doctors. For cancer patients, it’s common to force them to undergo less expensive treatments that don’t work before they will approve more expensive drugs. By that time, some people die, others spend many extra months undergoing treatment.

The Advantage program allowed a foot in the door for Medicare to be privatized. The article estimated that this year about 50 of people would be on an Advantage plan rather than original Medicare.

Why can we not have a national healthcare plan the way every other developed nation does! This focus on profit, profit, and more profit is killing the nation—literally. Our longevity rate, once better than most nations, had declined. Our drug prices are the highest in the world. Our population is among the least healthy. Children are being murdered in their schools because of profits. Gasoline prices are exorbitant because of greedy profiteers. We have some of the least nutritious food in the world because of greedy agribusiness and food conglomerates.

All driven by the mighty dollar going to the pockets of the ultra wealthy. We are like a heavy train going downhill without effective brakes. I don’t know how long this hill is, but the bottom will be a nasty surprise.

https://www.washingtonpost.com/business/2022/06/05/medicare-advantage-records-fraud/

Rebl2

(13,492 posts)
14. Never get
Mon Jun 6, 2022, 10:19 AM
Jun 2022

an advantage plan. My doctor warned me some of my medications would not be covered.
I take Humira which is quite expensive, but my would insurance cover most of it. I would be paying $65 out of pocket, but my doctor got me hooked up with the company that makes Humira and I qualified for a reduced plan and pay $5 once a month for 2 shots that I inject myself.

2naSalit

(86,536 posts)
12. Here's where they gained the ability to to do this...
Mon Jun 6, 2022, 08:47 AM
Jun 2022
This article explains how academic researchers were forced to turn to private companies for funds when Ronald Reagan slashed government funding for university-based medical research. Also, the 1980 University and Small Business Patent Procedures Act (Bayh-Dole Act) enabled nonprofit institutions and researchers to benefit financially from federally funded research.

barbaraann

(9,151 posts)
17. Yes. Here's some info:
Tue Jun 7, 2022, 05:35 AM
Jun 2022

US Tax Dollars Funded Every New Pharmaceutical in the Last Decade
By Fred Ledley, Ekaterina Cleary, and Matthew Jackson
SEP 2, 2020 | HEALTH
...
Our analysis also suggests that the NIH is remarkably efficient at funding research that is utilized in the discovery or development of new drugs, commercialized, and publicly available. The $230 billion in NIH funding (2000-2019) that was directly or indirectly related to these drugs represents 40% of NIH budget allocations over this period. Furthermore, the NIH has a stated strategy of dedicating half of its research budget to basic research, and the $195 billion in NIH funding that was characterized as basic research in our study, represents more than 65% of this total.
...
The increase in pharmaceutical sales has also generated enormous profits for the pharmaceutical industry. In another study, we recently showed that from 2000 to 2018, 35 large pharmaceutical companies had cumulative revenue of $11.5 trillion and net income (earnings) of $1.9 trillion. Moreover, that study also showed that large pharmaceutical companies had median net income margins of 13.8%, significantly greater than those of other large corporations in the S&P 500 (7.7%) and similar to those of other research-driven companies.
...
https://www.ineteconomics.org/perspectives/blog/us-tax-dollars-funded-every-new-pharmaceutical-in-the-last-decade

This entire article is worth reading:
New Report Debunks Drug Industry Claims About the Cost of New Drug Research and Development
Second Report Documents Industry’s Intense Lobby and Political Contribution Campaign to Keep Prices and Profits High
...
This new Public Citizen report reveals how major U.S. drug companies and their Washington, D.C. lobby group, the Pharmaceutical Research and Manufacturers of America (PhRMA), have carried out a misleading campaign to scare policy makers and the public. PhRMA’s central claim is that the industry needs extraordinary profits to fund risky and innovative research and development (R&D) for new drugs. But this R&D scare card – or canard – is built on myths, falsehoods and misunderstandings – all of which are made possible by the drug industry’s staunch refusal to open its R&D records to congressional investigators or other independent auditors.
...
https://pnhp.org/news/new-report-debunks-drug-industry-claims-about-the-cost-of-new-drug-research-and-development/

Article from The Hill:
Pharmaceutical corporations need to stop free-riding on publicly-funded research
BY JASON CONE, OPINION CONTRIBUTOR - 03/03/18 1:00 PM
EThttps://thehill.com/opinion/healthcare/376574-pharmaceutical-corporations-need-to-stop-free-riding-on-publicly-funded/

There's a lot more information about this topic on the internet; but basically when Republicans scream for small government, they mean small, miserly government for ordinary people and huge, generous government for corporations and the wealthy.



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