Drug companies price-fixing.............

[jltrent]

The majority of U.S. states filed a lawsuit Saturday against drugmakers including Teva Pharmaceuticals USA Inc., accusing the companies of inflating prices, sometimes by more than 1,000 percent, and working to inhibit competition.


https://www.msn.com/en-us/money/companies/44-states-accuse-drug-companies-of-price-fixing/ar-AABfjtG?li=BBnb7Kz#page=2

 

[Coosh71]

My mother's health has really declined in the past year. She is on 4 meds which would cost her over $1600/month if purchased at local pharmacy, Wal Mart etc. I got online found a Canadian drug company and got her set up on a 3 month supply of same meds (NOT KNOCK OFFS), for a whopping $327.18 including shipping from Canada and New Zealand. I ha e no words. It infuriates me that they are so greedy. I hope they all get swept up in it and have to lower prices.

 

[jltrent]

One example TRELEGY (inhaler) $1630.00 at Walmart. $137.00 in Canada
but the problem is the doctors will not write or send a prescription to Canada because they get a kick back for every script they order in the USA

 

[sim.-ang.king]

Two words- Affordable Healthcare

 

[1982vett]

:lol: :lol: :lol: :lol: :lol:

Two words- Affordable Healthcare

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

affordable as long as someone else is paying for it..... :2cents:

Quick Healthcare rundown for my wife and myself... Insurance, Co-Pays, Deductible, Out of Pocket
I'm Type II Diabetic, take meds for cholesterol and hypertension. Wife takes meds for hypertension and gout.
2015 we spent $20420.00
2016 we spent $22859.00
2017 we spent $23279.00
2018 we spent $30466.00
Projected to spend $33950.00 this year. Insurance alone this year is $27054.

We pay it but it's definitely not affordable for our income base. Still 4 and 5 years to Medicare.

Pre-Obama Care highest year we spent $11630 of which $5453 was insurance. Wife had $4000 worth of dental work done that year.

 

[backhoeboogie]

Two words- Affordable Healthcare

I chose my career over 30 years ago. My retirement included healthcare. Now "affordable healthcare" has blown that all to hades and back.

ANO offered $92 an hour back in the mid 90's. I may as well have taken that job as a shopper.

 

[Caustic Burno]

:lol: :lol: :lol: :lol: :lol:

Two words- Affordable Healthcare

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

affordable as long as someone else is paying for it..... :2cents:

Quick Healthcare rundown for my wife and myself... Insurance, Co-Pays, Deductible, Out of Pocket
I'm Type II Diabetic, take meds for cholesterol and hypertension. Wife takes meds for hypertension and gout.
2015 we spent $20420.00
2016 we spent $22859.00
2017 we spent $23279.00
2018 we spent $30466.00
Projected to spend $33950.00 this year. Insurance alone this year is $27054.

We pay it but it's definitely not affordable for our income base. Still 4 and 5 years to Medicare.

Pre-Obama Care highest year we spent $11630 of which $5453 was insurance. Wife had $4000 worth of dental work done that year.

All I can say is wow!

 

[Coosh71]

:lol: :lol: :lol: :lol: :lol:

Two words- Affordable Healthcare

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

affordable as long as someone else is paying for it..... :2cents:

Quick Healthcare rundown for my wife and myself... Insurance, Co-Pays, Deductible, Out of Pocket
I'm Type II Diabetic, take meds for cholesterol and hypertension. Wife takes meds for hypertension and gout.
2015 we spent $20420.00
2016 we spent $22859.00
2017 we spent $23279.00
2018 we spent $30466.00
Projected to spend $33950.00 this year. Insurance alone this year is $27054.

We pay it but it's definitely not affordable for our income base. Still 4 and 5 years to Medicare.

Pre-Obama Care highest year we spent $11630 of which $5453 was insurance. Wife had $4000 worth of dental work done that year.

That's crazy!!! The year before Obamacare started we had a family plan with BCBS of Texas. Paid less than $400/mo for all of us with a $5000 annual deduction. As of Jan 1 (start of Obamacare), if we had kept our IDENTICAL plan with BCBS our premiums we're going to be $1400mo with $15k deductible. So we are uninsured as of then. Explain how that's a better way for insurance to work...

 

[hurleyjd]

My mother's health has really declined in the past year. She is on 4 meds which would cost her over $1600/month if purchased at local pharmacy, Wal Mart etc. I got online found a Canadian drug company and got her set up on a 3 month supply of same meds (NOT KNOCK OFFS), for a whopping $327.18 including shipping from Canada and New Zealand. I ha e no words. It infuriates me that they are so greedy. I hope they all get swept up in it and have to lower prices.

In Canada the drug companies and in other country with socialist medicine the government sets the price of drugs. You folks that want a capitalist type system will always pay out the nose because in America there is no competition free market to charge what ever they want.

 

[hurleyjd]

:lol: :lol: :lol: :lol: :lol:

Two words- Affordable Healthcare

:lol: :lol: :lol: :lol: :lol: :lol: :lol: :lol:

affordable as long as someone else is paying for it..... :2cents:

Quick Healthcare rundown for my wife and myself... Insurance, Co-Pays, Deductible, Out of Pocket
I'm Type II Diabetic, take meds for cholesterol and hypertension. Wife takes meds for hypertension and gout.
2015 we spent $20420.00
2016 we spent $22859.00
2017 we spent $23279.00
2018 we spent $30466.00
Projected to spend $33950.00 this year. Insurance alone this year is $27054.

We pay it but it's definitely not affordable for our income base. Still 4 and 5 years to Medicare.

Pre-Obama Care highest year we spent $11630 of which $5453 was insurance. Wife had $4000 worth of dental work done that year.

I am type II diabetic and on medicine for hypertension. Metformin $4.00 for one month. Lisinopril HTZ for for three month supply. I watch what I eat and the amount and I have a blood pressure that runs about 132/80 but it varies over the time of day active and sweating it drops to 110/75. Blood glucose averages at 151 each day. Cholesterol not a problem and never has been. I am also on medicare and the premium runs about $139 a month. My wife takes a lot of meds for problems and this year she signed up for a AARP plan that takes her medicare premium and also the supplement that she was paying before and has come out ahead with more meds covered. Great to be old and on the medicare program. I am 78 and try to keep going.

 

[Caustic Burno]

My mother's health has really declined in the past year. She is on 4 meds which would cost her over $1600/month if purchased at local pharmacy, Wal Mart etc. I got online found a Canadian drug company and got her set up on a 3 month supply of same meds (NOT KNOCK OFFS), for a whopping $327.18 including shipping from Canada and New Zealand. I ha e no words. It infuriates me that they are so greedy. I hope they all get swept up in it and have to lower prices.

In Canada the drug companies and in other country with socialist medicine the government sets the price of drugs. You folks that want a capitalist type system will always pay out the nose because in America there is no competition free market to charge what ever they want.

It wasn't bad until the Affordable Care Act.

 

[True Grit Farms]

The whole medical industry is a corrupt ripoff. It's easy to bleed money from folks that want to live at any cost. Everyone is paying more for medical care besides the illegals, freeloaders and deadbeats. And whatever money is leftover goes towards research and development in the fake meat industry, test tube babies and other left wing causes.

 

[shaz]

I'm sure everyone knows what the scuz at Mylan did a couple of years ago.

 

[HDRider]

My mother's health has really declined in the past year. She is on 4 meds which would cost her over $1600/month if purchased at local pharmacy, Wal Mart etc. I got online found a Canadian drug company and got her set up on a 3 month supply of same meds (NOT KNOCK OFFS), for a whopping $327.18 including shipping from Canada and New Zealand. I ha e no words. It infuriates me that they are so greedy. I hope they all get swept up in it and have to lower prices.

Many countries have regulated drug prices. US consumers, especially Medicare and Medicaid users, shoulder higher prices to subsidize those regulated prices in other countries.

 

[jltrent]

From listening to what the lawsuit is about it sounds like PRICE FIXING IS THE PROBLEM. A lot of communication between companies (now all this can be checked easy) right before a price hike. Also weeding out the competition and a lot of other unfair free market tactics being used. Plenty of evidence to prove this and I think with all the states involved it is going to get interesting. I say fine them Billions for creating unfair trade monopolies, unfair trade agreements, help stimulate competition, free up world wide drug competition with it inspected and etc. Something has to be done.

Others may disagree so lets here your way to solve this crisis. Most of this medicine the good does not out weight the bad and the side effects makes quality of life go down and in the end most probably does not help anyway.

 

[hurleyjd]

Lisinopril HTZ for for three month supply. Need to start proof reading. Sometimes my brain thinks and does faster than my fingers. The cost should have been $9.00 for three months

 

[backhoeboogie]

From listening to what the lawsuit is about it sounds like PRICE FIXING IS THE PROBLEM. A lot of communication between companies (now all this can be checked easy) right before a price hike. Also weeding out the competition and a lot of other unfair free market tactics being used. Plenty of evidence to prove this and I think with all the states involved it is going to get interesting. I say fine them Billions for creating unfair trade monopolies, unfair trade agreements, help stimulate competition, free up world wide drug competition with it inspected and etc. Something has to be done.

Others may disagree so lets here your way to solve this crisis. Most of this medicine the good does not out weight the bad and the side effects makes quality of life go down and in the end most probably does not help anyway.

The first thing you have to do is get the government's hand out of the cookie jar. They are regulating the regulations.

Legalize medicines I can grow in my back yard. Please quit protecting me. But then, John Senator doesn't get a cut or kickbacks or taxes or pac contributions. He wants to channel me in to his market and take out all options.