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View Diary: ObamaCare is Going Down. Premiums Didn’t. We Need Health Care, Not Insurance. (350 comments)

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  •  Maybe you could help me understand why we here (9+ / 0-)

    in the United States bear the expense of the r&d and why these drugs are not as expensive in other countries. That is one thing I am not totally clear on.

    Never kick a fresh turd on a hot day. Harry Truman

    by temptxan on Thu Apr 05, 2012 at 10:35:51 AM PDT

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    •  Negotiations on behalf of national health services (0+ / 0-)

      That definitely can help.  But even that can only work so much.  If a drug's set cost is $90,000 (as is Provenge), there's only so much even Medicare and other similar national health services can do in terms of bringing that price down.

      A big trend in medicine today is to use monoclonal antibodies to deplete excessive levels of certain factors associated with disease (like TNF-alpha and arthritis).  Another similar treatment is Provenge, which requires a special batch to be made per person.  These drugs work, but due to their specialization, they cost a lot of money to research as well as be used for actual therapies.

      It sucks, but when you have something that is the paramount example of price inelasticity, it's going to be expensive (unless you have near-complete or complete subsidization of the pharmaceutical industry, which I'm not opposed to, it just would cost a hell of a lot of money).

      "Give me a lever long enough... and I shall move the world." - Archimedes

      by mconvente on Thu Apr 05, 2012 at 12:04:20 PM PDT

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    •  Because there is no good answer. (1+ / 0-)
      Recommended by:
      priceman

      We delivered. They failed us. We have moved on. (h/t to my good friend)

      by gooderservice on Thu Apr 05, 2012 at 01:23:23 PM PDT

      [ Parent ]

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