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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (381333)4/29/2008 8:16:54 PM
From: Tenchusatsu  Read Replies (2) of 1574097
 
Mindmeld, > Well, for example, my company and most companies in America use their bargaining power to represent their employees to get better deals for them with the insurance companies.

Try again. Dealing with insurance companies is not the same as directly dealing with pharmaceutical companies.

Even when generics are available, insurance companies are under the gun by their customers to get them brand-name medication because, well, they saw the commercials. Plus there is a negative perception of generics that is arguably fostered by Big Pharma.

And that doesn't even cover the problem when generics aren't available because the drug maker has the patent. How much should Big Pharma charge in terms of profits for patent exclusivity?

Tenchusatsu
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