Lablady2
Old Hand
Reged: 05/05/04
Posts: 483
Loc: New York City
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This article is a must read for EVERYONE in this country. As someone who has worked in pharmaceuticals this comes as NO surprise to me - but seeing the cost of the active ingredient in an Rx drug vs the markup on a website sure is. Sorry I can't get link from there to here - but here is URL:
rense.com/general54/preco.htm
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peteg72
Member
Reged: 05/10/04
Posts: 178
Loc: midwest
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569,958% markup on xanax 1 mg. Cost of generic ingredients $0.024 per 100 pills.
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And if the band youre in starts playing different tunes....I'll see you on the dark side of the moon
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johng
Board Addict
Reged: 02/13/03
Posts: 362
Loc: great lakes
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when I worled as a manager at a EMS company i was invloved in ordering/billing. the government controls the cost to some extent. the formula is (the exact cut off i do not remeber) is X price times 333% = billing price to consumer.
so we bought a 10 mg vial of morphine at .50 cents we charged aprox 38.00. then the ins company disallowed 72 % and we got what was left. the unisured/self pay had to pay full price. I know the mark up formula is for all medicar/medicaid. the whole chain used it.
so the consumer can not really be sure of the cost to make and the 'real' price of the medication
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Ask and it will be given to you Matthew 7:7
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Jaketoo
Journeyman
Reged: 10/13/03
Posts: 88
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The cost of valium 10mg - my buddy had a drug store - for generic 10mg valiums, two years ago, he paid less than $10 per 1,000 tablets. When you purchase 30 generic from an internet site for $80-$90 it nothing but REAL profit. According to my prescription #'s from a few of the no record pharmacies, I'd guess they are filling aver 1000 prescriptions daily via internet transactions. Do the math -not a bad living until you flee the county to avoid prosecution.
The major drug stores are not much better. Last week I got lucky and received a 90 count prescription for VICOPROFEN 200mg/7.5mg from my regular Dr. The script cost me $98 for generic, name brand was $185 from wal-mart (cost of that deal is about $.09 each) They were ABBOTTS LABS and appear weak to me.
You better hope you never get sick or if you do, you never run out of money or insurance.
Edited by Jaketoo (07/04/04 07:52 PM)
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Lablady2
Old Hand
Reged: 05/05/04
Posts: 483
Loc: New York City
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Unfortunately the outrageous costs of Rx drugs is something unique to this country - why do you think the elderly are up in arms and tripping into Canada and raising hell with the politicians who are in the hip pocket of the pharmaceutical cartel.
In the Scandinavian countries EVERYONE has health insurance and is assured of top notch medical care no matter what their income.
R U listening politicians - esp Republican Politicians who favor the status quo. Come November DC is in for a BIG shakeup - will it help - only if all of us keep the pressure on.....
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srw
Member
Reged: 06/17/04
Posts: 192
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thats why you see these sites pop up for a year or 2 than vanish, either the guy can retire to mexico, or he closes down and starts under another name, genius actually, theres a few guys out there getting some serious cash, thing is not to get too greedy and stay around too long and get caught
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curiousdee
Member
Reged: 05/29/04
Posts: 189
Loc: Southeast U.S.
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Just another reason for people to pay attention and get out and VOTE in November. Great info but shocking!
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Opie_Yates
Old Hand
Reged: 08/11/03
Posts: 485
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Quote:
R U listening politicians - esp Republican Politicians who favor the status quo.
Sorry...just gotta laugh.
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I'm not a doctor, I just play one on a message forum!
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johng
Board Addict
Reged: 02/13/03
Posts: 362
Loc: great lakes
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social medicine never works. in canada people have to wait months to years for totla knees and other srtopedic procedures. that is not good medicine. yes there is high cost to american medicine but if you want an elective surgery ou dont have to wait a long time. part of the high cost is ins. because so much lawsuits.
social medicne will not help us CP patients, it would defintly reduce our options.. there is nothing about repulicans wanting status quo. i sure dont. but i do not want social medicne.
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Ask and it will be given to you Matthew 7:7
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