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re: The great generic drug rip off
Posted on 12/17/14 at 7:18 am to the808bass
Posted on 12/17/14 at 7:18 am to the808bass
quote:Not really. I'd certainly back safe OTC sales. But that could be a slippery slope.
So, you're proposing completely deregulating prescriptions.
E.g., the "simple conjunctivitis" example cited earlier. Very appropriate treatment for some forms of conjunctivitis can make other forms far worse.
So I am proposing exactly what I said. US retail outlets be able to purchase drugs from international wholesalers/retailers, and that insurance be required to reimburse patients for filling their prescriptions from the same sources.
Total deregulation might lead to nonequivalent and/or scam drugs purchased from dubious outlets. So we'd need some sort of "approved" list ensuring quality products for patients.
But to give an example, Celebrex 200 mg sells at US discount pharmacies for $5.81/pill vs Canadian source retail pricing at 85¢/pill --- nearly a 7-fold difference. That is a ridiculous differential.
Posted on 12/17/14 at 8:04 am to NC_Tigah
The greatest mark up is at the wholesale level. Wholesalers that do zero in the way of pt care make the most profit on the sale of the meds. And hospitals and other "institutional" pharmacies get meds wholesale by at least 50% less than any retail store and often times much less than that. At the same time, they are reimbursed at much higher prices than retail. If retail pharmacies got the same prices, prices could be cut by at least half to consumers. Our system is fricked up. And you can't blame doctors or pharmacists or even big pharma. It's politics plain and simple. Our dysfunctional insurance system has no rhyme or reason to it. Hospital lobbyists affect it as much or more than big pharma. So does private insurance. Not to mention medical supply vendors. It's ridiculous when a saleperson gets more in commission for selling a back brace (used to be up to $900/brace commission) than a doctor does for a colonoscopy with removal of polyps or even cutting out a melanoma of certain size and location. Hell, last I checked Medicaid paid $1200 for global care and delivery for an entire pregnancy. The whole system is bullshite and obamacare just made it worse...especially on drug prices. Drug prices have skyrocketed since this shite storm hit land.
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