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No President Trump, Prescription Drug Prices Can't Be Reduced by Decree
Real Clear Markets ^ | February 7, 2019 | Daniel Savickas

Posted on 02/11/2019 2:15:54 PM PST by Tolerance Sucks Rocks

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To: TaxPayer2000

Who could possibly be afraid of information? We should just have it so the cost and the sale price and all of these drugs out there in the public market! No decree, just a transparent prick by system. That doctors prescribe the best medicine, uncluttered with big Pharma kickbacks for prescribing! THEIR medicine.


41 posted on 02/11/2019 3:27:24 PM PST by 50sDad (A Liberal prevents me from telling you anything here)
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To: mfish13

“Drug costs here in the US are due to the cost of developing these drugs. If you make the drugs cheaper by government decree, “

Bullsquirt. Development costs? Fair enough...Then why don’t those development costs affect the foreign prices? And it isn’t just in Mexico and Cameroon. In socialist Canada for example, prices are FAR less.
If big pharma wants to be socialist overseas, they don’t get to be Milton Friedman here without experiencing some backlash.

America is tired of being lectured by free traitors to subsidize cheap drugs for the world. This isn’t 1950 when the rest of the planet was a smoking ruin still.


42 posted on 02/11/2019 3:31:23 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: Tolerance Sucks Rocks

Author claims Trump can’t lower prices by decree, and then goes on to name several ways the FDA that reports to Trump helps keep prices up.

In addition to changes at the FDA, Trump likely has some power over import rules.


43 posted on 02/11/2019 3:31:26 PM PST by DannyTN
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To: Tolerance Sucks Rocks

Author claims Trump can’t lower prices by decree, and then goes on to name several ways the FDA that reports to Trump helps keep prices up.

In addition to changes at the FDA, Trump likely has some power over import rules.


44 posted on 02/11/2019 3:31:26 PM PST by DannyTN
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To: Jeff Chandler

Thanks for the tip. I’ll check it out.


45 posted on 02/11/2019 3:34:20 PM PST by sergeantdave (Teach a man to fish and he'll steal your gear and sell it)
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To: NorthMountain

“I don’t mind getting generics from Israel, for example, but most of the world I just don’t trust. “

On theraputic drugs I totally agree. And nothing from China. But I would buy viagra from Pakistan or India. They are flat out perverted over there and breed like rabbits. I would think any pills for Mr. Johnson that came from there would be industrial strength.
And I’m guessing a cheap fake would just be a blue tic tac or something.

That’s me....Mr Vegas!


46 posted on 02/11/2019 3:34:54 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: New Jersey Realist

“Doesn’t anyone ask themselves why there hasn’t been a cure for any disease in the last 100 years?”

total nonsense ... hundreds of different infectious diseases are 100% curable with antibiotics ... several forms of cancer are completely curable ... dozens of diseases are curable with surgery and just recently Hepatitis C has become curable


47 posted on 02/11/2019 3:35:34 PM PST by catnipman ((Cat Nipman: Vote Republican in 2012 and only be called racist one more time!))
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To: Tolerance Sucks Rocks

No, but that’s where you often have to start.

It’s not decree, it’s called jawboning.


48 posted on 02/11/2019 3:37:24 PM PST by SaxxonWoods (The internet has driven the world mad.)
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To: New Jersey Realist

How many cures were there before that?


49 posted on 02/11/2019 3:38:10 PM PST by SaxxonWoods (The internet has driven the world mad.)
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To: Cold Heart

“Two very common medicines (non generic) given to heart attack patients have been withdrawn from use in the US due to cancer risks.”

The childlike existence in America continues. Let’s say I’m 62 and had a heart attack. Then let’s suppose this effective drug might cause me a cancer in 20 years.
Maybe someone should explain the relative risks, the possible benefits, and let someone decide.

God only knows what they all keep away from us when you need a Rx to get blood pressure meds, or anti-biotic eyedrops or an anti-biotic.


50 posted on 02/11/2019 3:41:35 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: GaryCrow

I’ve been on more than one BP med, and what you are saying is crazy talk. And I don’t even take those for high BP, but for something entirely different.


51 posted on 02/11/2019 3:43:59 PM PST by SaxxonWoods (The internet has driven the world mad.)
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To: MrEdd

“So, with functional pharmacies you can have a sample of your medication tested, and they can tell you what is in it.”

I suspect going into a Walgreens with a pill you got through the mail and asking them to check it’s ingredients would be exciting once the cops arrived.


52 posted on 02/11/2019 3:44:23 PM PST by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: sergeantdave

We were surprised at how much the free GoodRX service saved us on our scripts, then we signed up for their Gold service at ten bucks a month and it save us forty bucks more on one of our scripts.

https://gold.goodrx.com/

(No, I don’t work for them.)


53 posted on 02/11/2019 3:46:00 PM PST by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: New Jersey Realist

Because of advances in treatment, melanoma is far more survivable than it was just a few years ago.


54 posted on 02/11/2019 3:49:11 PM PST by Jeff Chandler (Every time a lefty cries "racism", a Trump voter gets his wings.)
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To: DesertRhino

Since you weren’t following the conversation, my post was addressing already assumed hypotheticals in which bans on buying from foreign sources were rolled back previous times.

Nice quip otherwise.


55 posted on 02/11/2019 3:53:01 PM PST by MrEdd (Caveat Emptor)
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To: Tolerance Sucks Rocks

The real story is that other developed countries set the max price for the drugs very low by law. The drug companies still make a small profit, so they sell the drugs in those countries. Americans pay the vast majority of the profit required to develop the next drug. This needs to be part of a trade deal with other countries. The poorer the country, the closer to production cost the medicine will be. A small profit is still a profit.


56 posted on 02/11/2019 4:08:57 PM PST by Revolutionary ("Praise the Lord and Pass the Ammunition!")
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To: Tolerance Sucks Rocks

Despite the fact that Trump (and others) have explained it no one has yet hit on the real reason. It is extortion by other governments. A US drug company comes out with a new drug after spending hundreds of millions of dollars and a decade to get it through the FDA. They then want to sell it internationally. Canada (and other countries) say “you will only charge X for this drug or we will reverse engineer it and sell it globally at a fraction of your price”. The drug company complies but makes up the difference in US sales...by charging more.

Yes, a “decree” CAN fix this. It would be a direct threat from Trump to retaliate for this unethical treatment just to help prop up the Socialist healthcare of other nations.


57 posted on 02/11/2019 4:17:39 PM PST by jdsteel (Americans are Dreamers too!!!)
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To: DesertRhino
There has been a lot of confusion on this topic in this thread between the branded drugs not off patent and generic drugs. Yes, drugs still on patent are much cheaper in Canada and in Australia they are also much cheaper. However, drugs off patent in USA and are generic, for the most part, are cheaper in the USA than they are in Canada and Australia.

This is because in Canada the Providences set the prices for the generics after doing contracts with the generic companies for the drugs. Although recently the generics have fallen in Canada because they were too high see article https://www.bmj.com/content/360/bmj.k723 In Australia the generic prices and branded drugs are set by the Federal government. The PBShttp://www.pbs.gov.au/info/about-the-pbs set the prices on patented drugs and the generic pricing is set with negotiation with pharmacists (Pharmacy Guild), because they encourage pharmacists to sell more generics to reduce the cost pressure on our medical system subsidized by the government.

One downside is that you cannot buy some patented drugs in Australia because the drug companies will not accept some of the prices set by the PBA on these new drugs. I do not know about Canada, but the drug companies are also refusing to sell many patented drugs in New Zealand because of the same problem. New Zealand has even lower prices than Canada and the Australia because they simply set the prices. Some companies now will not even sell generics to the New Zealand government (PHARMAC) https://www.pharmac.govt.nz/tools-resources/pharmaceutical-schedule

I also agree that many, if not most, drugs should over-the-counter.

58 posted on 02/11/2019 4:46:22 PM PST by Aussiebabe
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To: Sooth2222

In America, we have to take into consideration the cost to advertise drugs 24x7. I’m up at 3am and watch commercials from Plavix to Taltz and everything else. Those commercials cost money. Come to think of it, what is the purpose of these commercials?

If my doctor, based on my symptoms and bloodwork needs me to tell him what drug I want, why bother going to the doctor. I
‘ll take a blood test, bring it to the pharmacy and tell them I want my Humira.


59 posted on 02/11/2019 4:58:43 PM PST by EQAndyBuzz (Millennials are Morons)
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To: Tolerance Sucks Rocks

the FDA has become a racket. they are a gateway that protects big pharma.


60 posted on 02/11/2019 5:01:31 PM PST by vannrox (The Preamble to the Bill of Rights - without it, our Bill of Rights is meaningless!)
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