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03-27-2018 02:59 PM
@Trinity11 I was answering your question about the popularity of insulin drugs. Most people do take a generic pill and are not subject to being held hostage by the brand name injectables. I'm sorry you don't like the answer but I want you to know what's reality.
And as I said before, I completely agree with you. If a generic doesn't exist yet, at some point during the 10 year on average patent period, pharmaceuticals have to be kept to a reasonable profit margin to recoup their R&D and not an astronomical one.
Fair is fair all the way around and if the free market can't keep it fair, then I am all for our government stepping in.
03-27-2018 03:09 PM
@Laura14wrote:@Trinity11 I was answering your question about the popularity of insulin drugs. Most people do take a generic pill and are not subject to being held hostage by the brand name injectables. I'm sorry you don't like the answer but I want you to know what's reality.
And as I said before, I completely agree with you. If a generic doesn't exist yet, at some point during the 10 year on average patent period, pharmaceuticals have to be kept to a reasonable profit margin to recoup their R&D and not an astronomical one.
Fair is fair all the way around and if the free market can't keep it fair, then I am all for our government stepping in.
There is no free market. Worldwide distribution and price controls in other countries mean non-medicare U.S. customers are disproportionately subsidizing said profit margins.
03-27-2018 03:09 PM
Okay this is as close as I can find as to what this article may be referencing although this article is about brand name and most of these drugs have generics so we are still confused.
I have no idea what actual list this article is looking at but here is a 2015 updated list for top Medicare drugs and your insulin @Trinity11 made the top 10!
03-27-2018 03:14 PM
@Laura14 I just want to say I appreciate your working so hard to find the list of medications that were measured I wish everyone were as critical of information and interested in background and context (and I am not saying that to disparage anyone here.)
03-27-2018 03:15 PM
@Laura14wrote:Okay this is as close as I can find as to what this article may be referencing although this article is about brand name and most of these drugs have generics so we are still confused.
I have no idea what actual list this article is looking at but here is a 2015 updated list for top Medicare drugs and your insulin @Trinity11 made the top 10!
Quite a few of my meds are on that list @Laura14. I am not on Medicare and have private insurance but it will be interesting to see what I will paying in the future...
03-27-2018 03:18 PM
@WenGirl42wrote:
@Laura14wrote:@Trinity11 I was answering your question about the popularity of insulin drugs. Most people do take a generic pill and are not subject to being held hostage by the brand name injectables. I'm sorry you don't like the answer but I want you to know what's reality.
And as I said before, I completely agree with you. If a generic doesn't exist yet, at some point during the 10 year on average patent period, pharmaceuticals have to be kept to a reasonable profit margin to recoup their R&D and not an astronomical one.
Fair is fair all the way around and if the free market can't keep it fair, then I am all for our government stepping in.
There is no free market. Worldwide distribution and price controls in other countries mean non-medicare U.S. customers are disproportionately subsidizing said profit margins.
Of course we are. We are a fragmented group since our insurance is mostly employer based not one government entity.
And I'm not so sure about that world. That may be true in European markets but a lot of our pharmaceuticals make a killing overseas especially in Latin America. NPR just did a whole show on how HIV and other well managed chronic illnesses are still a death sentence in a lot of countries because most people can not afford the HAART and other drugs that our American insurers cover for free or a good portion of.
Most of those citizens can't afford or access what several of us can manage or get for a minimal co-pay. Kind of makes you a bit grateful we have access to what we have, doesn't it?
03-27-2018 03:21 PM
I wonder if the cost of (seemingly inevitable) litigations are factored into drug prices? Many commercials for lawsuits against pharmaceutical companies for common drugs, etc...
Also, I wonder if pressure from animal-rights groups will impact drug prices/availability, such as thyroid meds from slaughtered pigs, etc.; sometimes costs are increased because of not so obvious factors. Just wondering.
03-27-2018 03:21 PM
When I started with Armour 5 years ago ,it was $50, it doubled to $100, now it is $135
03-27-2018 03:22 PM
@Laura14wrote:
@WenGirl42wrote:
@Laura14wrote:@Trinity11 I was answering your question about the popularity of insulin drugs. Most people do take a generic pill and are not subject to being held hostage by the brand name injectables. I'm sorry you don't like the answer but I want you to know what's reality.
And as I said before, I completely agree with you. If a generic doesn't exist yet, at some point during the 10 year on average patent period, pharmaceuticals have to be kept to a reasonable profit margin to recoup their R&D and not an astronomical one.
Fair is fair all the way around and if the free market can't keep it fair, then I am all for our government stepping in.
There is no free market. Worldwide distribution and price controls in other countries mean non-medicare U.S. customers are disproportionately subsidizing said profit margins.
Of course we are. We are a fragmented group since our insurance is mostly employer based not one government entity.
And I'm not so sure about that world. That may be true in European markets but a lot of our pharmaceuticals make a killing overseas especially in Latin America. NPR just did a whole show on how HIV and other well managed chronic illnesses are still a death sentence in a lot of countries because most people can not afford the HAART and other drugs that our American insurers cover for free or a good portion of.
Most of those citizens can't afford or access what several of us can manage or get for a minimal co-pay. Kind of makes you a bit grateful we have access to what we have, doesn't it?
I wouldn't use the word grateful in this context, no. In this country, people who are not on Medicare or Medicaid or who don't have a low-cost employer plan have "access" to what they can afford, and so does Latin America. But the average standard of living is very different.
03-27-2018 03:27 PM
@WenGirl42 I think they were talking about cost.
In the words of a famous person I can't name because it's not allowed, "I have access to buy a $50 million home. Can I actually get it? No."
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