ObamaCare – Ugly Future


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You know – the reason I don’t understand why Obama and his crew are pushing this health care plan is because this model has been in place and is failing around the world.

I had someone actually start debating me on Twitter that WE should attack the pharmaceuticals and make them cheaper because the socialized health care wouldn’t allow certain meds on his “great” socialized medical plan.

So, let me see – we should limit the amount of money the pharmaceuticals should make which would limit the amount of money that it takes to research and create a drug, especially due to the YEARS of extra research the FDA requires EACH drug to go through.

I had an uncle that worked as a writer for pharmaceuticals, and he explained the reality of the drug companies life cycle.

They attempt to create hundreds of drugs a year. This requires hundreds of millions in research staff, buildings, materials, etc. 95% or more FAIL. That means they are pouring money down a very deep hole to help us get better medicine, which we don’t seem to want to accept because the very HONEST politicians and people with AGENDAS tell us they are evil.

On top of this, they spend hundreds of millions on further research that they are required by the government to do for years in order to pass the FDA testing requirements.

On top of this, their company must spend tens of millions to insure themselves against people, who get a rash for example, from suing their company for millions of dollars (thus one of the reasons tort reform will save us millions on costs) as well as tens of millions on compliance costs (once again, due to lawsuits).

The company also has to spend tens of millions putting ads in magazines (if it makes it through all of the above)  to meet FDA requirements (gee, does the government add a ton of costs to the drugs it keeps harping  about the costs of – does anyone really read those ads all the way through – all that little print?)  and all those commercials with the disclaimers and side effects because people didn’t remember to ask their doctor or pharmacist about them?

So, here we have a few drugs out of tens of dozens finally making the market.

Some of these drugs are limited use drugs – you know, the ones for very special needs. They get prescribed very little for very special patients. Those are the ones that cost a billion to get through the process and are only prescribed a few million times a year – making their price higher to make up for the cost of their production. Kind of like a car – if you see what I mean. Yes, there is a markup, but not a huge one.

Then you have the drugs that really hit the big time, the one in a thousand that gets prescribed 2 billion times a year. These are the drugs that then, after spending a billion to develop, the drug company has a limited time to take advantage of this and make not only their money back but the money needed to keep inventing more drugs.

A limited time before someone reverse engineers (or steals) their forumla and makes a generic drug and quashes any real hope of making enough of a profit to support a company that spends billions a year to hopefully come up with 2-3 good drugs?

These companies make make a lot of money, but they shell it out too – and believe you me, they spend a fortune marketing it to doctors to hopefully get the doctors to use it.

They live on the razor’s edge, because if they don’t come up with 1-2 good drugs a year, they could easily crash and burn, allowing their competitors to swallow them up.

How do they attract the people to do this research which has got to be terribly mind numbing at times? They pay them handsomely for very specialized education they have had to take for years.

Yes, you see, unlike the people who punch rivets or install windshields onto a car, these people make around the same amount of money to save your life as the UAW workers make to give you a sporty car. Not as sexy maybe, but where would you be without that amoxicillan? How about the hemophiliacs who can’t live without their clotting factor that is lab created to stop them from bleeding if they start and can’t stop?

I could go on and on about that. But the real point is that the government and the class envy people think that it’s ok for the UAW people to make over 100k in pay and bennies every year, but not the people who save your LIFE. Do I have that right? Hm.

And what happens when the pharmaceuticals can’t make enough money to pay the people to do their tireless research? What happens when they can’t afford the labs and materials, some of which are pretty special and expensive? What happens when they can’t meet the FDA requirements? Or pay for insurance anymore?

You don’t have amoxicillan anymore.

Now, what we have isn’t pretty, and needs work, but it doesn’t need tearing down.

Neal Boortz has a great article on the effect of socialized medicine in other countries, and it really backs up a lot of what we have said already, but it is a worthwhile read.

Check it out!

http://boortz.com/nealz_nuze/2009/07/the-future-under-obamacare.html

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11 Responses

  1. way way too many prescriptions written. They make more money by growing market share, just like any biz. Trying to convince you you need it. Waaaay waaaaay to many people on statins. Stop letting the pharm co’s discredit any other approach to health, stop allowing them to take out Dr.s who teach their patients to be responsible for their own health, the point is that health care should not be pharmaceutically based in the first place. In our country we do sickness care and nothing to prevent or reduce sickness. only symptoms.

    • Um – I have major problems with what you say.

      First – I don’t see any ads of any kind telling us to not take care of ourselves. In fact, in a lot of instances, they say “with proper diet and exercise” and “check with your doctor before doing this”, etc.

      You want to tell me that pharmaceuticals are at fault that I am fat and don’t take care of myself?

      This is where the age of “blame the others” has to stop. The lawyers and legal workers and the people who like to invent the whole “health care is out to get us” folks are silly. We walk into those clinics of our free choice just as I love going to buffets and pizza places.

      The problem is saying things like – “here’s homeopathics meds that will cure your allergies” instead of “here’s a prescription to cure your allergies” is that you are trading one company for another – one that is trying to garner market share for ITself.

      What I don’t like is the sound of an agenda behind your statements – you seem to want an enforced health care program that MAKES us all lose weight or that you have an alternative to the doctors and health care and pharmaceuticals that have given the US the best life expectancy in the world and the highest standard of health care living in the world.

      Why is it that some don’t seem to want to accept that there WILL be a cost to things like this?

      Who in the heck died and made some people God so they can declare that things should be free?

      I have allergies, my wife has a number of problems that are genetic and can’t be helped except with pharma help, or allergy shots to build up my immunities. I have gammaglobulin deficiencies – so I should just suck it up and catch everything that comes down the pike? How about the hemophiliacs? Let ’em die from a razor cut? There are so many things out there that are genetic or “built in” that pharms help. What would you suggest we all do about them?

      Are you suggesting that someone who is born with spina biffida should just be termed an unviable biomass and not cared for “for the good of the people”? How about the pacemaker lady at Obama’s town hall who was told her mother might not be taken care of but we could “make sure she had a painkiller”?

      I have no problems with listening to logic, but you really haven’t offered anything more than a fringe “naturalistic” type of opinion that doesn’t really solve anything, but just tries to paint people who ARE really trying to save us as evil. That, in my opinion is shameful.

    • Rich: Thanks for the article! Great points on the true cost of solutions, and consequent economic necessity of pricing drugs well above their marginal costs.

      While I need to get more familiar with particular cost trade-offs, overall your points seem right on target.

      Once a drug is developed and the R&D is recovered, reproducing it is fairly cheap so we will hear no end of calls for those “evil drug companies” to cease making “obscene (marginal) profits”.

      Patent infringements could also drive down profits in the primary markets, so we can’t just open the floodgates to foreign competition, post-development.

      But the last thing we want is for governement to get their bloody hands on the pharmeceuticals. That would truly be the beginning of the end of reliable care.

  2. Great article! You have said exactly what I think, and know to be true. I have been a registered nurse for over 30 years, and though I don’t “run” any aspect of the healthcare business, I have worked on the inside of it long enough to know what the future holds, if the current administration gets its wish.

    Great blog, found you through twitter. Keep up the great work!
    Pup

  3. […] Original post by dirtyrottenscoundrels […]

  4. […] More: ObamaCare – Ugly Future […]

  5. […] You know – the reason I don’t understand why Obama and his crew are pushing this health care plan is because this model has been in place and is failing around the world.I had someone actually start debating me on Twitter that WE should attack the pharmaceuticals and make them cheaper because the socialized health care wouldn’t allow certain meds on his “great” socialized medical plan.So, let me see – we should limit the amount of money the pharmaceuticals should make which would limit the amoun See the rest here: ObamaCare – Ugly Future […]

  6. […] http://feedads.g.doubleclick.net/~a/7mg8rGdTzBKa34MZcIve3iYGnHw/1/di%5D ObamaCare – Ugly Future – dirtyrottenscoundrels.wordpress.com 07/05/2009 You know – the reason I don’t understand why […]

  7. […] ObamaCare – Ugly Future « DirtyRottenScoundrels By dirtyrottenscoundrels Then you have the drugs that really hit the big time, the one in a thousand that gets prescribed 2 billion times a year. These are the drugs that then, after spending a billion to develop, the drug company has a limited time to take advantage of this and make not … First – I don't see any ads of any kind telling us to not take care of ourselves. In fact, in a lot of instances, they say “with proper diet and exercise” and “check with your doctor before doing this”, etc. … DirtyRottenScoundrels – https://dirtyrottenscoundrels.wordpress.com/ […]

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  9. I love this site! Keep up the great work!

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