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uponit7771

(93,532 posts)

22. How does insurance set the cost of the drug in the US?

Reply to Groundhawg (Reply #8)

Mon Jun 17, 2024, 06:01 AM

Jun 2024

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Why are Americans charged so much more than other countries for popular drugs? [View all] pnwmom Jun 2024 OP

Because they are greedy MOFOs who own congress. CurtEastPoint Jun 2024 #1

there you have it msongs Jun 2024 #3

And too few people in the U.S. both know about the gouging and vote. Hermit-The-Prog Jun 2024 #4

Who did all the work to bring the drug to market? jimfields33 Jun 2024 #27

And how much funding to these companies choie Jun 2024 #31

Look into the research budgets dpibel Jun 2024 #51

One of the reasons that medication is so expensive in America is because we allow for national advertising. Firestorm49 Jun 2024 #33

Correct Ghost of Tom Joad Jun 2024 #42

It is one of THE most annoying things r�is�n_dubh Jun 2024 #54

The medical industry is a participant with big pharma in scamming Medicare PufPuf23 Jun 2024 #55

AND they KNOW US consumers will PAY to reamin alive Model35mech Jun 2024 #44

Segmenting the marketplace to maximize profits. PufPuf23 Jun 2024 #2

Drug makers OWN legislators and physicians. usonian Jun 2024 #5

Eight years ago I had some serious surgery BOSSHOG Jun 2024 #6

Because they own people in government to keep it like that. onecaliberal Jun 2024 #7

because of insurance Groundhawg Jun 2024 #8

Also, Medicare has not been allowed -- by law -- to negotiate drug prices, pnwmom Jun 2024 #10

And that's because some of the conservative Dem Senators helped to pass the Medicare Prescription Drug, Improvement Celerity Jun 2024 #20

Make no mistake there are MANY MotownPgh Jun 2024 #30

10 years later (2013): Rendell criticizes Dems over anti-fracking stance Celerity Jun 2024 #37

How does insurance set the cost of the drug in the US? uponit7771 Jun 2024 #22

Because the governments of most countries have nationalized health care surfered Jun 2024 #9

Maybe other Countries don't allow, "Ask Your Doctor about" pwb Jun 2024 #11

Every time I visit another country I'm aware of NO prescription drug ads. Marcus IM Jun 2024 #12

Biden's been working on that with Bernie, drugs they've forced manufacturers to stop gouging Americans for. ancianita Jun 2024 #13

It's whatever the market will bear. alfredo Jun 2024 #14

I currently live in the Philippines Pototan Jun 2024 #15

I was told by people in the pharma industry, Bayard Jun 2024 #16

Lol. Nope. We are putting profits in the pockets of plutocrats. Voltaire2 Jun 2024 #17

But it's true for US companies. The companies pay for the research and development pnwmom Jun 2024 #19

No it isn't true. Voltaire2 Jun 2024 #21

Yeah, going to have to disagree Johnny2X2X Jun 2024 #35

they spend more on advertising than r&d ret5hd Jun 2024 #52

I honestly think canetoad Jun 2024 #18

Society not just the HC system. It is the whole enchilada. JanMichael Jun 2024 #23

many reasons Celerity Jun 2024 #24

Good post kiddo canetoad Jun 2024 #48

thanks! Celerity Jun 2024 #49

Predatory Capitalism Emile Jun 2024 #25

In America, corporations can buy political favors. Think. Again. Jun 2024 #26

For the same reason that Willie Sutton robbed banks ... marble falls Jun 2024 #28

I have a story about Eliquis gab13by13 Jun 2024 #29

Didn't know that about Eliquis calguy Jun 2024 #36

Agree with comments above. I am astounded at how fast drug companies got us a working Covid vaccine. Silent Type Jun 2024 #32

They piggybacked off of publicly funded research Voltaire2 Jun 2024 #41

Probably, but government researchers didn't/couldn't/wouldn't develop it or get FDA approval. Silent Type Jun 2024 #43

Not the point. Voltaire2 Jun 2024 #45

It's a massive breakthrough to get it done in less than a year. Gettin research to patients ain't Silent Type Jun 2024 #46

Just found this bdamomma Jun 2024 #34

Novo Nordisk is not a US corporation. It was founded in Denmark. Lonestarblue Jun 2024 #38

Democrats Josh Gottheimer (NJ), Wiley Nickel (NC), Scott Peters (CA), and Donald Davis (NC) are all co-sponsoring Celerity Jun 2024 #50

Because they will pay. International price discrimination is at root about that. David__77 Jun 2024 #39

Unfettered capitalism. Midnight Writer Jun 2024 #40

Because they can. Cui bono? Hekate Jun 2024 #47

Unbridled greed enabled by capitalism run amok duckworth969 Jun 2024 #53