Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (3045)	12/4/2007 8:19:09 AM
From: Road Walker	Read Replies (1) \| Respond to of 42652

So, then, how would we go about not paying for the R&D? Price controls? Or government direct purchase of the drugs and establishment of a monopoly distribution system? Or what? A start would be to allow Medicare to negotiate drug prices. If we had a national system then that system would have even more buying power. I often wonder, when you pay your co-pay of $10 or $15 for a prescription for a $100 retail drug, what the insurance companies are actually paying for the drugs vs. an uninsured consumer. And vs. Medicare. The insurance companies don't have any restriction on negotiating drug prices... I suspect they pay closer to the European system prices than the US retail price.