Drug Costs

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Watcher
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Drug Costs

I use an eye drop medicine called Lumigan. It controls pressure. In America the cost is nearly $200 for 2.5 ml or, 1/2 teaspoon. In Canada, the cost is $25 for the same quantity. 2.5 ml lasts about a month. Thanks to Federal and State laws, I can go blind or go broke because I cannot buy medicine across our state line or out of the country. If you die or suffer serious medical problems because you are barred from getting treatment thank a government employee for protecting you from your stupid self and effective treatment

anonymous_coward
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The cost is higher here

The cost is higher here because our insurance companies have to negotiate as small entities against the drug companies, while single payer systems negotiate as a gigantic bloc (and thus getting a better price).

Medicare pricing is based on the *average* of the U.S. companies, so in effect you (I apologize if I'm assuming incorrectly, but I thought I had read that you were under Medicare in some form) are paying the little guy price even though Medicare is basically a gigantic (limited) single payer system.

Trump's idea is to take the average of the European/Canadian prices instead of the average of the U.S. prices. I obviously don't agree with everything Trump says/does but this totally makes sense.

There is a risk that this price change will be partially borne by people that use real insurance, instead of jacking up European prices, but this is a question better left for the experts and their economic models.

Watcher
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Would not be a problem at all

Would not be a problem at all if I was allowed to buy my health coverage from another State or my medicine from Canada or England or wherever the hell I choose.

The fact that Medicare cannot negotiate drug prices is unbelievable and no explanation will ever make it justifiable.

Ugenetoo
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Gotta love all the groovy

Gotta love all the groovy stuff that insurance does to the free market, eh

Matt
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Always hilarious to see

Always hilarious to see conservatives blame the government when private companies gouge consumers.

Matt
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Watcher, price out your drops

Watcher, price out your drops at northwestpharmacy.com. No one cares if you get drops shipped here. Your doctor will even send them the prescription. You’re welcome.

Economike
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Problem, maybe: Big pharma

Problem, maybe: Big pharma collects rent.

Ugenetoo thinks the problem is "insurance."

Matt thinks the problem is "private companies."

Watcher
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Matt...thanks for the heads

Matt...thanks for the heads up. I checked the price and it is still higher than I pay now from Canada. The 9 ml price at NW is $130 while the 7.5 ml price I get is $76...$14/ml vs $10/ml.

expat
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I checked the price and it is

I checked the price and it is still higher than I pay now from Canada.

The Canada where you're not allowed to buy drugs from or the other Canada? LOL.

Green-ee
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I use Travatan - eye drops to

I use Travatan - eye drops to reduce pressure and it has a high copay here - $30 plus dollars. In Mexico, where most prescriptions are much less expensive it costs an equivalent of $35 USD - no real savings for me.

Ugenetoo
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So, Green-ee, where do you

So, Green-ee, where do you get your prescription, US, or Mexico?

anonymous_coward
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@Economike:

@Economike:
"Problem, maybe: Big pharma collects rent.

Ugenetoo thinks the problem is "insurance."

Matt thinks the problem is "private companies.""

The fact that Medicare cannot negotiate directly is obviously a big pharma lobby push, which means it's a clear case of rent seeking.
The solution though, seems a bit precarious to me. But I'm interested to find out how it plays out.

Green-ee
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"So, Green-ee, where do you

"So, Green-ee, where do you get your prescription, US, or Mexico?" I'm only in Mexico for a month and there's no savings (copay and Mexico cash costs are the same).
Other prescription drugs in Mexico are significantly cheaper and unless a drug has potential for misuse (opiate...) a prescription is not needed.
The drops for glaucoma are expensive but for now the health insurance takes care of most of the cost.

johnw
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Why does anyone think that

Why does anyone think that drug costs will ever be lower? The incestous relationship between insurance ,for profit healthcare and big pharma protected by their bought and paid for congress creatures will ensure that a drug soaked population will remain in perpetual thralldom.......now just take your soma like a good little delta and zone out.

Ugenetoo
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Gotta love that insurance.

Green-ee

Gotta love that insurance.
Spending OPM when you could be saving the whole system some money by buying the Mexican version for virtually the same out of pocket.
Tell me again why insurance does not affect healthcare costs.

Green-ee
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Joined: 09/08/2007 - 6:08am
It's not that simple. I was

It's not that simple. I was in Mexico in March for one month and bought one bottle of glaucoma medicine while there. After I bought it I noticed the bottle's expiration date had passed months ago. It's almost impossible to have items mailed or shipped from Mexico safely - things disappear or take a very long time to show up.

I've had health insurance for years and have thankfully been healthy. My expensive premiums paid have mostly paid for other people's ailments. If I have a legitment need I'll not be made to feel selfish to use something I have largely paid into for years while not (thankfully) needing the services I have rarely used.

Secondly, bringing a new drug to fruition costs a great deal of money - does Canada or Mexico with their lower costs make discovery and enterprise worth the gamble - to bring a new drug to market? There's got to be some motivation for the risk taking - unless you want to nationalize pharmaceuticals. Nationalizing a business rarely improves the services.

In my 66 years I've seen hospitals change from quiet, slow and boring to metastasizing hubs of activity. Full parking lots and very busy with people needing the new, expanded care. Drugs have made many former death sentences further out in the future. AIDS, for example is no longer a death sentence. Many types of cancer can now be treated whereas earlier in my life of 66 years people just died of "old age". Now we know the medical reason why people get sick and die -then we didn't quite often. Simply put amazing medical discoveries need to have a financial reward for entrepreneurs to take the risk. Does America underwrite the world's medical and pharmaceutical advances more than Canada?

Melvin Udall
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Don't forget about the

Don't forget about the medicaid types demanding MRI's to deal with a splinter.

Ugenetoo
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And the junkies demanding

And the junkies demanding Oxys for a hangnail.

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