please note that the problem here, yet again, is with the government for making it illegal to compete with this company. this company has no power over us, only the government does.
If the goverment would have kept out of it the price would still be cheap enough for people who need it to afford. Not those damn corporations it's that freaking goverment bureacrat.
Do you not see it is government intervention that is causing this? This is the first class letter on a much grander scale.
and that is a huge negative consequence of this action. it is likely fewer women will get the drug because of greed. and premature births will go up and the financial cost to the health care system will go up. this is just irresponsible all the way around. from the drug company doing it, to the govt allowing it.
Exactly. The insurance companies will now place women in pregnancy age groups as a higher risk and jack up the premiums. Either that or exclude coverage for the drug.
the patent/intellectual property system has been broken for a while. red and i have discussed it at length, though not in the context of medicine. i am definitely sympathetic to drug companies because money drives research that saves lives, but i dunno about this particular case. they say that poor women will get this drug for cheap, and also that it isnt even really all that effective or necessary. of course i am also for legalization of all drugs, so i would be ok with pharmacists mixing this up like they were before, without getting cease and desist notices.
Drug companies don't set the retail rates. Drug companies sell to Wholesalers whom sell to retail chains. Then when you mix in what PBM you have the price can change as well. The Drug companies usually get a bad wrap.
Ban all lobbyists from state and federal capitols and watch how quickly drug prices drop to what the free market dictates. Watch the oil and farm subsidies disappear, too.