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Biotech / Medical : Ligand (LGND) Breakout!
LGND 206.84+3.8%Nov 24 3:59 PM EST

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To: Cheryl Galt who wrote (28381)2/23/1999 7:04:00 PM
From: RXGOLF  Read Replies (1) of 32384
 
<<I think we all realize that -- except for specific, narrowly defined exceptions -- Medicare currently does NOT cover prescription drugs. >>

Hi Cheryl,

You are right, and out of the 750,000 to 1,000,000 rx's I have filled I have yet to bill one to Medicare. In my state for the most part, if you are not hospitalized, then medicare will not cover your medicine.

When you talk of being aware on these boards of how managed care will affect our future health care, IMO people better take notice. Everyone should take a long hard look at the huge amount of money involved, and ask themselves some questions:
1.Is your insurance company interested in YOUR health, or THEIR profits?
2.Does managed care provide anything to the health care equation beside taking money from you, thus preventing that money from going to the health care provider?
3.Is anyone paying less for health care than they did before managed care came into the picture?
4.Do you expect the really bright, and talented individuals, to become more or less likely to devote their lives to giving the best care possible after managed care skims their profits?
5.Does it make since for managed care to keep profits from going to drug companies by putting the money in their pockets? Will the insurance companies use this money to do R and D to find the cures for cancer, diabetes,HIV, etc.,etc.?

To make it simple, IMO managed care is going to degrade the greatest health care system in the world in order to make insurance companies even richer.

Greg
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