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Saturday, August 8, 2009

Big Pharma, Health Care, and who runs the country anyway?

During the Bush Administration, when prescription drug coverage was added to Medicare, the legislation included a line that prohibited Medicare (the US Govt.) from negotiating the cost of drugs with the big drug companies, resulting in huge profits for those companies. Now the Obama administration has reportedly (New York Times) reached a deal with the drug companies that a health care reform bill would bar price negotiations with the drug companies. This is why drugs made in the USA sell for far less in Canada or Europe because those countries can negotiate the price of the drug. We can't. It is the law and will be the law if Big Pharma gets what they want. Neither the Democrats or the Republicans are good guys here. It makes me crazy. In the Times article a former Congressman who now works for a drug trade company (lobby) was quoted. Now you know where they go when they leave office. Here's a link to the article : http://www.nytimes.com/2009/08/06/health/policy/06insure.html?emc=eta1

So I guess it is true, big business does run this country.

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