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Yo_Mama_Been_Loggin

(136,950 posts)
Sun Jun 25, 2017, 01:51 PM Jun 2017

How 2 common drugs became a $455 million specialty pill [View all]

Everything happened so fast as I walked out of the doctor’s exam room. I was tucking in my shirt and wondering if I’d asked all my questions about my injured shoulder when one of the doctor’s assistants handed me two small boxes of pills.

These will hold you over until your prescription arrives in the mail," she said, pointing to the drug samples.

Strange, I thought, the doctor didn’t mention giving me any drugs.

-snip-

"Don’t worry," she said. "It won’t cost you any more than $10."

I was glad whatever was coming wouldn’t break my budget, but I didn’t understand why I needed the drugs in the first place. And why wasn’t I picking them up at my local CVS?

-snip-

As an investigative reporter who has covered health care for more than a decade, the interaction was just the sort of thing to pique my interest. One thing I’ve learned is that almost nothing in medicine—especially brand-name drugs—is ever really a deal. When I got home, I looked up the drug: Vimovo.

The drug has been controversial, to say the least. Vimovo was created using two readily and cheaply available generic, or over-the-counter, medicines: naproxen, also known by the brand name Aleve, and esomeprazole magnesium, also known as Nexium. The Aleve handles your pain, and the Nexium helps with the upset stomach that’s sometimes caused by the pain reliever. So what’s the key selling point of this new "convenience drug"? It’s easier to take one pill than two.

But only a minority of patients get an upset stomach, and there was no indication I’d be one of them. Did I even need the Nexium component?

Of course I also did the math. You can walk into your local drugstore and buy a month’s supply of Aleve and Nexium for about $40. For Vimovo, the pharmacy billed my insurance company $3,252. This doesn’t mean the drug company ultimately gets paid that much. The pharmaceutical world is rife with rebates and side deals—all designed to elbow ahead of the competition. But apparently the price of convenience comes at a steep mark-up.

https://www.msn.com/en-us/news/us/how-2-common-drugs-became-a-dollar455-million-specialty-pill/ar-BBCWdoa?li=BBnb7Kz&ocid=edgsp

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For Vimovo, the pharmacy billed my insurance company $3,252 mitch96 Jun 2017 #1
I can't help but think doctors get kick backs n/t TexasBushwhacker Jun 2017 #3
No, no, no Pmc1962 Jun 2017 #5
But do they even ask what these new and improved drugs cost? TexasBushwhacker Jun 2017 #8
Yes, Yes, Yes they do. bitterross Jun 2017 #9
Numbers Pmc1962 Jun 2017 #14
Your experience mirrors mine as an engineer. Blue_true Jun 2017 #19
There are kickback, and there are kickbacks mitch96 Jun 2017 #15
I can see how that would happen TexasBushwhacker Jun 2017 #16
Not do they only get kickbacks Motownman78 Jun 2017 #17
You are so right! woodsprite Jun 2017 #26
Drug Reps tend to be young and attractive. mitch96 Jun 2017 #34
I have wondered if doctors have a percentage ownership Ilsa Jun 2017 #27
I have wondered if doctors have a percentage ownership mitch96 Jun 2017 #35
See, then, the thing to do is to buy those OTC and MineralMan Jun 2017 #2
Insurance companies should give patients incentives to reduce costs. marylandblue Jun 2017 #4
They don't really care about saving money, no yours, not theirs. hunter Jun 2017 #6
The health insurance company folks care at every level about saving money. That's how stevenleser Jun 2017 #20
I'm currently being sued for hospital bills insurance refused to cover. hunter Jun 2017 #23
It's a racket, and being a naif I can only speculate how it works. I started thinking about it... Hekate Jun 2017 #11
that is exactly what it is; i think our whole governtment/corporations are 99% racket. nt TheFrenchRazor Jun 2017 #12
Recently, I had Scarsdale Jun 2017 #7
This message was self-deleted by its author Mr.Bill Jun 2017 #10
See my two previous posts on the drug Santyl mrmpa Jun 2017 #13
I take the other drug mentioned in this story: Duexis. Coventina Jun 2017 #18
I wonder if in Duexis they have done something to the ibuprofen such that it delays onset stevenleser Jun 2017 #22
Interesting! Coventina Jun 2017 #32
You're going to shit, Coventina jmowreader Jun 2017 #24
Wow. That is just bizarre. Coventina Jun 2017 #31
I'm wondering if Duexis is a new favorite of orthopedic doctors. Ilsa Jun 2017 #28
Osteoarthritis. Coventina Jun 2017 #30
Kick. dalton99a Jun 2017 #21
Kick ck4829 Jun 2017 #25
This is why I avoid all "new" prescription drugs and most prescription drugs in general. Vinca Jun 2017 #29
Guillotine Johnny2X2X Jun 2017 #33
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