The fact that these people actually believe health care is a right and not a priveledge scare me. Health care, believe it or not takes money to advance. You don't find "miracle" cures by wishing on rainbows or saviours on unicorns, it takes research and engineering of the highest order. Guess what children, that means money, and lots of it.
Producing medicine on a large scale is also not something that your typical 7-11 attendant can manage either, more money, and lots of it.
This happy little dream world where everything is fair and nice and everybody loves each other (you know, the one the big "O" promoted to get elected) is simply not possible. By stripping away the benefits (benefits translates once again into that inconveniant money thing) of advancement in the interest of making things "fair" you eventually kill the chances that anybody will invest anything to advance that industry. Medical industry included.
What exactly do you cut to bring medical costs down as the great one has claimed so elequently that he do. Costs don't just magincally go away, something has to cut somewhere.
Doctor Pay? Yeah, that sounds like a good idea...they are way too rich anyway.
Drug engineering? Hmm, then we start to wine why we aren't curing things...
Less complicated medical machinery? We'll go back to leaches and weekly blood letting, those are cheap treatments....
It's a business people. Once you turn it into a charity for the poor poor downtrodden unfairly treated poor people that get spat on every day as they just try to make a way for themselves in this cruel cruel country (because people are always being turned away in emergency rooms), quality of health care will go right down the toilet. But then, everybody will get crappy treatment....so maybe that is fair, everybody gets to suffer and die at the same earlier time.
you have bought into a lie my friend. if you think that drug prices are justifiable by these means then you are wrong.
it takes a very long time for for this kind of info to come out so at first some of these dates may seem a little off, but i assure you, nothing has changed.
the top five selling drugs in 1995 were Zantac, Zovirax, Capoten, Vasotec, and Prozac. All of these drugs were the results of research that was documented in 17 published scientific papers and the NIH reported that 16 of the 17 papers came from OUTSIDE the pharmaceutical industry. The Boston Globe reported that of the best selling 50 drugs from 1992 to 1997, forty-five of those drugs had received government funding. In 1998, Health Affairs (a medical journal) reported that only 15% of the the scientific articles underpinning patent applications for clinical medicines came from pharmaceutical industry research, while 54 percent came from universities, 13 percent from government labs, and the rest from other public and nonprofit institutions.
In 2000, Forbes estimated that, after plowing $21 billion back in to R&D, the ten largest U.S. drugmakers had $100 billion more in sales than manufacturing costs. In 2001, drug companies gave doctors nearly $11 billion worth of 'free samples.'
In 2001, the drug company Pharmacia spent 44 percent of its revenues on marketing, advertising, and admin versus 16 percent on R&D.
GlaxoSmithKline and Bayer spent $20 million on a deal with the NFL to advertise Levitra.
AstraZeneca spent nearly $500 million trying to convince you simply to switch from Prilosec to Nexium (two competing drugs in the same class).
In 2001, the five highest-paid pharmaceutical company executives received more than $183 million in compensation, not including stock options.
In 2005, twenty chief executives of big pharma took home compensations of more than $1 million. Bristol-Meyers Squibb's CEO took home over $8 million, the chiefs of Eli Lilly and Abbot both took home more than $11 million, and the chief of Pfizer took home $16,419,270.