They will come up with new drugs, not to worry. Even at 5 bucks a bottle they can make millions. Besides, they choose to leech cash from us because we're the only fools to allow it. Turn off the spigot and they will find a new revenue stream. Guaranteed. Besides, they were discovering drugs WAY before the HMO came along.
-----Original Message----- From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of os10ru...@gmail.com Sent: Monday, December 07, 2009 9:52 PM To: fai...@snappydsl.net; WISPA General List Subject: Re: [WISPA] Insurance.... Somebody's got to pay for the R&D and to allow the pharmaceutical companies to make a profit so people invest so that they can afford to invent the next wonder drug. Right it's Americans who are paying for that. The drug companies could charge everyone $88.33 if we all paid the same price. But then $88.33 would be deemed unfair for the people in the 3rd world (though somehow it's fair for people in the US to pay for all of the R&D and half the cost of the drug for people in the third world). Or we could force the drug companies to sell their product to everyone for $5 then they go out of business or at least stop inventing and instead go into the generic business and no new drugs come down the pike. Don't think the drug companies could spend time and money pursuing new drugs (not every pursuit bears fruit) and make a profit if they sold their drugs everywhere at $5 a dose. But what you're talking about will come to pass. If the companies can't make a substantial profit in the US market (allowing them to be philanthropic in the foreign markets) then drug prices will have to go up in Europe and Asia, and unfortunately many of the local people in those markets won't be able to afford it. I see drug companies selling drugs at a fraction of their real cost in the third world as a sign of generosity and compassion, not what's wrong with the system. On Dec 7, 2009, at 8:19 PM, Faisal Imtiaz wrote: > E.g. .... You can purchase Medical Drugs, Mfg. By the same American Company, > for $10 in Canada, and the same in the Far East for $5, but here in the US > you would have to pay $ 250 ...... ---------------------------------------------------------------------------- ---- WISPA Wants You! Join today! http://signup.wispa.org/ ---------------------------------------------------------------------------- ---- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/