New JAMA paper about drug prices

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New JAMA paper about drug prices

Post by Pwns »

http://jama.jamanetwork.com/article.asp ... id=2545691
Per capita prescription drug spending in the United States exceeds that in all other countries, largely driven by brand-name drug prices that have been increasing in recent years at rates far beyond the consumer price index. In 2013, per capita spending on prescription drugs was $858 compared with an average of $400 for 19 other industrialized nations. In the United States, prescription medications now comprise an estimated 17% of overall personal health care services.
The most important factor that allows manufacturers to set high drug prices is market exclusivity, protected by monopoly rights awarded upon Food and Drug Administration approval and by patents.
High drug prices are the result of the approach the United States has taken to granting government-protected monopolies to drug manufacturers, combined with coverage requirements imposed on government-funded drug benefits.
What's that? Government is largely responsible for high prescription drug prices and not our lack of a single-payer system? It can't be! This must be conk propaganda! :tothehand:
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Re: New JAMA paper about drug prices

Post by Chizzang »

"The Government" is protecting monopolies secured through patent development...
The same thing our government has always done
it's part of a Free Market System and Advanced Capitalism

The fact that it's prescription drugs is meaningless
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Re: New JAMA paper about drug prices

Post by CAA Flagship »

Chizzang wrote:"The Government" is protecting monopolies secured through patent development...
The same thing our government has always done
it's part of a Free Market System and Advanced Capitalism

The fact that it's prescription drugs is meaningless
Prescription drug patents don't last forever.
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Re: New JAMA paper about drug prices

Post by Chizzang »

CAA Flagship wrote:
Chizzang wrote:"The Government" is protecting monopolies secured through patent development...
The same thing our government has always done
it's part of a Free Market System and Advanced Capitalism

The fact that it's prescription drugs is meaningless
Prescription drug patents don't last forever.
Okay...
(sky is blue)

:coffee:
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Re: New JAMA paper about drug prices

Post by CAA Flagship »

Chizzang wrote:
CAA Flagship wrote: Prescription drug patents don't last forever.
Okay...
(sky is blue)

:coffee:
What? Are you against patents?
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Re: New JAMA paper about drug prices

Post by Chizzang »

CAA Flagship wrote:
Chizzang wrote:
Okay...
(sky is blue)

:coffee:
What? Are you against patents?
Not at all
Are you against reading comprehension..?

My original post was an explanation of why we have high drug prices
and that's fine with me - I have no feelings about prescription drugs or patents
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Re: New JAMA paper about drug prices

Post by CAA Flagship »

Chizzang wrote:
CAA Flagship wrote: What? Are you against patents?
Not at all
Are you against reading comprehension..?

My original post was an explanation of why we have high drug prices
and that's fine with me - I have no feelings about prescription drugs or patents
I read all your posts as if written in sarcasm. :nod:
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Re: New JAMA paper about drug prices

Post by Chizzang »

CAA Flagship wrote:
Chizzang wrote:
Not at all
Are you against reading comprehension..?

My original post was an explanation of why we have high drug prices
and that's fine with me - I have no feelings about prescription drugs or patents
I read all your posts as if written in sarcasm. :nod:
:rofl:

That's actually a safe bet (good call)
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Re: New JAMA paper about drug prices

Post by kalm »

Pwns wrote:http://jama.jamanetwork.com/article.asp ... id=2545691
Per capita prescription drug spending in the United States exceeds that in all other countries, largely driven by brand-name drug prices that have been increasing in recent years at rates far beyond the consumer price index. In 2013, per capita spending on prescription drugs was $858 compared with an average of $400 for 19 other industrialized nations. In the United States, prescription medications now comprise an estimated 17% of overall personal health care services.
The most important factor that allows manufacturers to set high drug prices is market exclusivity, protected by monopoly rights awarded upon Food and Drug Administration approval and by patents.
High drug prices are the result of the approach the United States has taken to granting government-protected monopolies to drug manufacturers, combined with coverage requirements imposed on government-funded drug benefits.
What's that? Government is largely responsible for high prescription drug prices and not our lack of a single-payer system? It can't be! This must be conk propaganda! :tothehand:
I picked up some Trazadone for my mom the other day. With her state employee's insurance (retired teacher) and medicare, a one month supply was literally...

$.42

:shock:

It would cost me $10 with my insurance.

Goddamm government keeping those drug prices high!

If only she could pay for it on the free market...

And what about TPP? The conks must be with Obama on that one and all for the type of free trade that doesn't benefit big pharma...AT ALL...

Drug companies are kinder gentler versions of mexican drug cartels. But perhaps a little more greedy and murderous.
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Re: New JAMA paper about drug prices

Post by GannonFan »

kalm wrote:
Pwns wrote:http://jama.jamanetwork.com/article.asp ... id=2545691







What's that? Government is largely responsible for high prescription drug prices and not our lack of a single-payer system? It can't be! This must be conk propaganda! :tothehand:
I picked up some Trazadone for my mom the other day. With her state employee's insurance (retired teacher) and medicare, a one month supply was literally...

$.42

:shock:

It would cost me $10 with my insurance.

Goddamm government keeping those drug prices high!

If only she could pay for it on the free market...

And what about TPP? The conks must be with Obama on that one and all for the type of free trade that doesn't benefit big pharma...AT ALL...

Drug companies are kinder gentler versions of mexican drug cartels. But perhaps a little more greedy and murderous.
Online price (from India) has a month supply (assume one a day - not familiar with Trazadone) at $20. That wouldn't fly here, Medicare folks don't want to wait or to spend much for what they need, so someone else needs to pay more for them to get it cheap. :thumb:
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