Sunshine
Trust the pie.
- Dec 17, 2009
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Health insurance industry, medical industry, and pharma industry brought it on themselves.
They are being regulated because they could not control their greed and hurt many millions in the process.
Actually, I have to disagree with part of that. Greedy doctors, yes, they have been a big part of the problem.
But when it comes to pharma there is a lot that people do not see. Most do not seen the hundreds of thousands of dollars worth of free medicines the companies give away through their patient assistance programs. I have had them to drop ship a year's supply of meds to patients. And they would drop off $60,000 + per month worth of meds at the clinics where I worked for indigent patients. They also fund most of the research done in this country. The NIH only funds about 10% of the medical research in the US today. I see no evidence that stockholders who have pharma stock get any better return on their money than those of other successful companies. My experience with an indigent population and the drug companies who helped them when no one else would has been nothing but positive. I was in practice as an NP in the 90's the 'Decade of the Brain.' Never saw so many new psych meds come out in so short a time before or since. I went into it when the meds available were effective, but had horrible side effects, so much so that patients were often noncompliant.