Obama Care

[saden1]

Originally Posted by firstdown

A drug company only gets about 7 years from a patent because of the time to do the reserch and then get it approved eats up so much of the time on the patent. Take away the profit and we will loose because why risk they millions to produce a drug that might or might not work if you cannot make a decent profit. So if a person receives a goverment subsidy to purchase ins. is it just a discounted price in the goverment plan or can they use it anywhere?

These companies spend twice as much on marketing, bribing politicians and doctors than on research. Pfizer for example spent 16% of it's 2008 total revenue on R&D and 30% on drug pushing and administration. No question, the FDA approval process is cumbersome but let's not forget why...to keep these guys from knowingly pushing drugs that aren't safe.

If you partake in the public option you will get drugs at the prices the government was able to negotiate with the drug companies. If you decided to purchase insurance on your own and outside the exchange you'll get dugs at the rate your insurance company negotiated with the drug makers.

[firstdown]

Originally Posted by saden1

These companies spend twice as much on marketing, bribing politicians and doctors than on research. Pfizer for example spent 16% of it's 2008 total revenue on R&D and 30% on drug pushing and administration. No question, the FDA approval process is cumbersome but let's not forget why...to keep these guys from knowingly pushing drugs that aren't safe.

If you partake in the public option you will get drugs at the prices the government was able to negotiate with the drug companies. If you decided to purchase insurance on your own and outside the exchange you'll get dugs at the rate your insurance company negotiated with the drug makers.

Yea if I was anyone wanting to sell something for top dollar the goverment would be the first person I'd want to negotiate the price. I've sold stuff to the goverment and its was always more then what I sold it to the person who just walked into the store.

If anyone here has one of those top HMO's if this get past the goverment will tax you for having great health ins. Thats the dumbest thing I ever heard in a bill to help peopl get better health ins. they tax the ones who have or get the best ins.