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Wonder why the same generic drugs are more expensive in the US?
Read on....
[bbc.com]

Petter 9 May 12
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1

Cause we won't properly regulate drug patents and the pharma industry. I support regulated capitalism, which forces health and drug companies to compete. Right now they get to set the price of good health. We need to set it as a nation of citizens at a fair price for the companies to survive and let them compete.

2

Time to break up the monopolies and trusts and restore real competition.

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Our great bribed politicos!

zesty Level 7 May 12, 2019
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supply and demand

Not at all. Why should the same drug, supplied by a Swiss company, and available all over the world, cost more in the USA? As the article explains, it's price fixing collusion.

Respectfully disagree. In the US the pharmaceutical market is not governed by supply and demand at all. It is an overregulated, government controlled system.

@zesty what regulations!? There are no economic regulations on setting the price of drugs. This was clear when that one CEO arbitrarily raised the price of a drug from a few dollars to around $700. The government couls do nothing.

Do you mean the FDA consumer safety regulations!? Do you want to remove safety regulations?

We don't need to play the 'supply and demand' game with our health. Tyvm. Perhap we can classify certain tech as too beneficial to society to be denied based on inability to pay?

@Petter they want too sell the drug everywhere and if possible at the highest price so they do just like anything. York stone is cheaper in York. why does an injection moulded bumper on a rolls royce cost so much more than for a family car? supply and demand.

@Petter, @zesty everythjing is to do with making money period.

@MakeItGood its not a game, its fact.

@LeighShelton um...the factiness of 'supply and demand' is not in dispute. My point is that 'fact' can and should be selectively controlled, engineered with precision for maximum benefit. That's the Human way.

That's the whole point of society and government - raising the quality of life of as many of its people and citizens against natural behaviors.

Nature does it all the time - it's called Homeostasis, and its the basis of all life. The power to control your own benefical enviroment. Like does it on the molecular scale. We do it by building homes, roads, air conditioning, cars, planes. We use the rules to create a benefical environment for all.

Why stop at 'supply and demand'? Why not create an engineering environment in which we have better health companies.

We should control 'supply and demand' - thats my point.

@MakeItGood Plenty of regulations. Each insurance company makes mandatory rules with pharma companies.

@zesty its still to do with money

@MakeItGood thats what your lead too believe and that is the fare way however the rich do not give a flying fuck about the likes of me and you and never have. they care about the econamy and how much they can gleen out of us. its always been the same.

@zesty I'm confused...rules between two companies aren't regulations. Those rules are private. They may not be in our best interest in terms of our health, finances, or public health. We're talkimg quality of life and death here. They aren't subject to public review or consumer interest or protection. Even if they are, we have no power to change them.

Also...not everyone can afford health insurance. I know a family of 3 who have to pay $760 a month for health insurance. That almost $10000 a year...in just health insurance. It's over 20% of their income. And not everything is fully covered. And this is group insurance from a company. How can 10 grand a year per family in group insurance not be enough to offer full coverage? Only if the majority of the money goes to a private bank account.

I'm tired of seeing folks save up a small fortune for their retirement or family, only to lose it all in insurance and medical bills. We are talking examples about a guy being charged a $100k under a legal contract he signed under health duress for what turned out to be $300 in services. What was the insurance company doing? It's truly insane! We need government regulation for oversight and protection.

I feel our health should be under our control as much as possible. It shouldn't be an oppourtunity for people to exploit and make money.

That's all I'm saying.

@MakeItGood Agree, People need to be able to control their own health care. This is the reason why the government should stay out of the healthcare industry. No mandatory idiotic Obama insurance, no socialized health care, no government regulations. Let everybody decide what is the best for themselves. The free market will take care of this problem, too.

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