Recall that drug companies are among the types of industries that fair well during a recession.
NYT: Co-Payments for Expensive Drugs Soar
Health insurance companies are rapidly adopting a new pricing system for very expensive drugs, asking patients to pay hundreds and even thousands of dollars for prescriptions for medications that may save their lives or slow the progress of serious diseases.
With the new pricing system, insurers abandoned the traditional arrangement that has patients pay a fixed amount, like $10, $20 or $30 for a prescription, no matter what the drug’s actual cost. Instead, they are charging patients a percentage of the cost of certain high-priced drugs, usually 20 to 33 percent, which can amount to thousands of dollars a month.
2 comments:
The health Industry in the USA is full of the worst kind of vultures in suits. This is an Industry completely drowning in greed. Drs. complain about the Ins. Industry yet ask yourself do u know a Dr. that is poor? They are all barons. In Japan and much of the rest of the world being a Dr. isn't a ticket to the nobility. On top of these royals is the Drug vulktures and the Ins. poachers. When I was born in 1949 my mother paid a 50.00 hospital bill for the delivery. Today its $20,000. The health Industry is collapsing of its own weight.
It makes me think that these corporations are doing their best to grab as much mullah as possible before everything collapses. I think one of the best things a person can do is try to keep yourself as healthy as possible, diet exercise all that. Its not always possible but if they can, that way we can avoid some of the medical corporate b.s. - but it definitely is not always possible. As we get older, we get stuff. Its scary.
Post a Comment