Yeah, I'm sure they never found a way around that. As I said, "Next to nothing."Except for the 15% overhead limit. (meaning 85% of your premium had to do to health care) Still much more to do to curb costs, but that was at least a start.
Yeah, I'm sure they never found a way around that. As I said, "Next to nothing."Except for the 15% overhead limit. (meaning 85% of your premium had to do to health care) Still much more to do to curb costs, but that was at least a start.
Yeah, the new race is to discover cures to rare drugs because they can charge $30k/mo. This guy was telling me that one of the Big Pharmas bought one of the Hep C drugs for like $11B from a smaller research company.Not always. I have a friend who literally just took his last pill on Monday. He's been on it for 6 months. It was a bit iffy for a while because his insurance didn't approve the drugs he needed. We thought he wasn't going to be able to get them. After they managed to prove he most likely got hep in a VA hospital things changed and the govt paid for the meds.
They are expensive because it costs billions to develop the drugs and there simply aren't that many people with hep c. Other places get them cheaper because of charity and negotiated rates bur that just means we Americans have to eat more of the costs. It sucks, but the drug companies do have to try to recoup their outlays. This is not to say they can't be greedy bastards, but in this instance, after months of research trying to help save my good friend's life, the facts are that right now those drugs are actually priced reasonably.
Not always. I have a friend who literally just took his last pill on Monday. He's been on it for 6 months. It was a bit iffy for a while because his insurance didn't approve the drugs he needed. We thought he wasn't going to be able to get them. After they managed to prove he most likely got hep in a VA hospital things changed and the govt paid for the meds.
They are expensive because it costs billions to develop the drugs and there simply aren't that many people with hep c. Other places get them cheaper because of charity and negotiated rates bur that just means we Americans have to eat more of the costs. It sucks, but the drug companies do have to try to recoup their outlays. This is not to say they can't be greedy bastards, but in this instance, after months of research trying to help save my good friend's life, the facts are that right now those drugs are actually priced reasonably.
Not all of them have the type of hep c that can benefit from the new drug. And not all of those people qualify for the drug because they are not in a position to be able to take it, their disease is too advanced, or they have other diseases that disqualify them, like AIDs.4.2 million people have acute Hep C. thats straight from the CDC.
30,000 cure * 4,200,000 people that need it, $126,000,000,000. One Hunded and Twenty Six trillion.
Somehow i doubt the drug companies spent double the entire worlds yearly GDP on developing it.
They may have, however, both years under my insurance, they've refunded money. You are right about the next to nothing, but that's why I said at least it's a start.Yeah, I'm sure they never found a way around that. As I said, "Next to nothing."
Not all of them have the type of hep c that can benefit from the new drug. And not all of those people qualify for the drug because they are not in a position to be able to take it, their disease is too advanced, or they have other diseases that disqualify them, like AIDs.
Last quarter they made 2.2 billion off the drug that has only been on the common market for one quarter. They have not yet recouped their costs for it. There is another problem I failed to mention...the drug is not covered by medicare and medicaid, so a lot of the people with hep will not have access to it until that changes because about 50% of people with hep c are either on medicaid/medicare or in prison. I'm not arguing that the drug company doesn't stand to make huge profits on it, but they haven't yet and demand is already slowing down. I imagine if medicare/medicaid pick it up it will be for a much lower negotiated price. Not to mention all the free or seriously reduced cost doses of the medicine that have been shipped to help people overseas, I'd say for now we should leave the hard working scientists and manufactures of this drug alone.do more than half of those people meet those conditions? A quarter? 90%?
Even if its 90% who DONT meet the conditions for the drug, the drug company still reaps massive massive profits.
banning denying coverage for pre-existing conditions, widely opening the ability for low-income and disabled people to get medicare, and cost-free preventative services, as well as anti-recinding clauses are huge among other things
http://www.hhs.gov/healthcare/facts/timeline/timeline-text.html
tons of big healthcare policy changes.
or, y'know, people shouldn't have to pay to get any kind of medical care, including preventative. that's the right way for a civilized nation to handle things, not make someone's health dependent on their net worth.
health care, like education, should be considered a basic human right
You commenting about someone saying something outrageous is hilariousdude, it's comments like that that let me wonder how you go right off the tracks.
Shouldn't food and shelter come way before that in your grand, 'off the tracks' plan???
4.2 million people have acute Hep C. thats straight from the CDC.
30,000 cure * 4,200,000 people that need it, $126,000,000,000. One Hunded and Twenty Six trillion.
Somehow i doubt the drug companies spent double the entire worlds yearly GDP on developing it.
tort reform is such a small part of the equation that it's laughable
lol. At first I relied on your calculation and thought you missed the extra zeros. But I borrowed DJ's abacus . . . What is the world coming to when resorting to antiques across the pond for accuracy???i cant type. you're right. also, im retarded.
The way I understand it, the initial research was done at Emory and then big pharma picked up the tab to get it finished and through trials and FDA approval and manufacturing and then bigger pharma bought it for 11 billion dollars. Clearly they intend to make more than that on the drug.How much of that r&d was done by and paid for by our universities?
pics??my brain is mush this week, ive been working 10ish hours every day after work on remodeling the bathroom.
pics??