News Health Care: The cost of medications

[Vanadium 50]

They make enough money let's face it.

Perhaps. But if we were to somehow ban profits entirely, it would only turn the $466 tube of medication into a $375 tube. It's important to understand the basic scale of what we're dealing with.

 

[mheslep]

Perhaps. But if we were to somehow ban profits entirely, it would only turn the $466 tube of medication into a $375 tube. It's important to understand the basic scale of what we're dealing with.

More likely the tube would never exist.

 

[mheslep]

Ivan: I am really curious, did any you find those https://www.physicsforums.com/showpost.php?p=1639319&postcount=13" remotely useful?

 

[Ivan Seeking]

I have tried some alternatives in the past but none were effective. However, I'm itching to see what my dermatologist has to say about your list.

 

[mheslep]

Wal-Mart Claims $4 Generics Have Saved Consumers $1 B
http://blogs.wsj.com/health/2008/03/14/wal-mart-claims-4-generics-have-saved-consumers-1-billion/

Wal-Mart’s doing a bit of chest thumping this morning, claiming that its $4 generics program has saved consumers $1 billion — $1,032,573,012.61 as of March 10, to be precise.

The company says the $4 drugs now account for 40% of all prescriptions filled at its stores, adding that nearly 30% of the cheap prescriptions are purchased without insurance.

There should be some way to see if this is effecting any of the nationwide stats on costs. I am guessing high deductible plans (HSAs) have something to do with this.