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Strategies & Market Trends : The New Economy and its Winners
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To: puborectalis who wrote (26907)1/15/2006 11:11:34 AM
From: Lizzie Tudor  Read Replies (1) of 57684
 
ER physicians have to order many unnecessary tests to appease the shyster attorneys.

Its a big scam with a bunch of groups siphoning money off the US GDP and calling it "healthcare"- attourneys are one, drug companies another (probably the worst), insurance companies.

I take a common drug for women called synthroid. When my prescription ran out in the 90s, and I was working at a startup so I had one of those "catastrophic care" medical insurance policies, my dr. at UCSF insisted that I go through this entire ordeal just to get a prescription and drugs that I had taken for years, and all of this came out of my pocket due to the healthcare coverage I had. This required : 2 appts with my Dr (MD)- one to schedule a blood test, and one for her to review it with me and give me the prescription, the blood work itself and then finally the drugs from Walgreens. Total cost to me: over $650. For drugs that are sold otc for $20 in most countries of the world. This was something I put up with -grudgingly- 5 years ago. Not today.

My neighbor wanted to try some Rogaine. For him to get Rogaine in the US, same deal. Appt with dr, prescription and then overpriced "drug" itself. Why does anyone need a prescription for Rogaine? Or RetinA? Or Nicotine patches? These were things US consumers had to deal with prior to globalization and now they don't. Laws to "protect consumers" from the overseas medical systems are being ignored. I just think it is prudent to be aware of this when looking at what these medical technology companies are really worth. I don't think the size of the market for a specialty medical device is that large.
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