Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Veto!
Doctors, meanwhile, may benefit when they choose the more expensive drug. Under Medicare repayment rules for drugs given by physicians, they are reimbursed for the average price of the drug plus 6 percent. That means a drug with a higher price may be easier to sell to doctors than a cheaper one

That's not true, That "average price of the drug plus 6 percent" is a figure determined by the govt. and not indicative of the actual cost of the drug to the physician, which in most cases will cost the physician much more.

Example being my brother-in-law who is an oncologist who had to leave his private practice and become a hospital staff doctor because he was actually losing money on the super expensive chemotherapy drugs he had to administer to his patients. The cost to him by the pharmaceutical companies was more than what the govt. was willing to reimburse.

It should also be noted that drugs are indeed cheaper in Canada and realizing this, he asked his attorney if it was feasable for him to get his drugs from Canada and his attorney told him that if he tried, he'd go to jail........

The problem isn't with "Big Pharma", it's with our government........

You want price control? What happened back in the '70's when Carter put a price cap on the cost of gasoline? Rationing and long lines........

Do you want that from our drug industry?

46 posted on 12/09/2013 4:49:13 PM PST by Hot Tabasco (Miss Muffit suffered from arachnophobia.....)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Hot Tabasco

Thanks for interesting info on drug biz. Doctors are being squeezed too. Sorry about your BIL.

What do I really really want from the drug industry?

Nothing.

I try to lead a drug-free life. I’m a “high responder,” drugs can be dangerous for me. Antibiotics have been useful, but I only take those that have been on the market for ten or more years.

Acupuncture works wonders for me, other alternative systems too. Organic, well-balanced meals contribute to health. One can actually stay healthy for decades and even more decades using natural methods.


50 posted on 12/09/2013 9:36:13 PM PST by Veto! (Opinions freely dispensed as advice)
[ Post Reply | Private Reply | To 46 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson