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zengaboyFB
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Reged: 01/07/04
Posts: 29
Loc: NYC, LA, Bucks Co. PA
Re: Why We Pay So Much For Drugs - Time Magazine
      09/24/04 09:57 AM

FYI:

The reason prescription drugs are cheaper in Canada is that the Canadian Government uses their size to negotiate prices with the drug companies. Just as Wal-Mart does with its suppliers: it uses its size to get the cheapest possible price, then passes the savings to the consumer.

In the US, Medicare is Satutorily forbidden to negotiate with drug companies to use its bulk buying power to get the cheapest possible prices. The drug companies spend more on marketing than they do on research and development. As well, each year the drug companies spend about as much on marketing as all the medical malpractice settlements combined.

If we had a little bit of common sense with regards to managment of medicare Granny would not have to break the law in order to eat.

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Subject Posted by Posted on
* Why We Pay So Much For Drugs - Time Magazine DrugBuyersAdministrator 02/07/04 10:34 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Stardog   09/22/04 01:20 AM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/22/04 12:08 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/22/04 12:56 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine dsmmcm   09/22/04 05:48 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/24/04 12:49 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Opie_Yates   09/23/04 09:21 PM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/23/04 11:14 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Snowpatrol   09/23/04 11:58 PM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/24/04 12:19 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Snowpatrol   09/24/04 12:34 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Stardog   09/24/04 12:03 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Snowpatrol   09/24/04 12:19 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine *DELETED* Eeyore27   09/24/04 12:32 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Snowpatrol   09/24/04 12:43 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Opie_Yates   09/24/04 09:47 AM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/24/04 12:54 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/24/04 12:20 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Lablady2   09/24/04 12:32 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Stardog   09/24/04 06:29 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/24/04 11:10 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/24/04 01:53 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine zengaboyFB   09/24/04 09:57 AM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/24/04 12:58 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine rockystuart   09/24/04 11:02 AM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/22/04 06:37 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Stardog   09/22/04 02:45 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/22/04 05:42 PM
. * * Re: Why We Pay So Much For Drugs - Time Magazine fromabove   09/22/04 12:45 PM
. * Re: Why We Pay So Much For Drugs - Time Magazine Eeyore27   09/22/04 12:50 AM

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