Did You Get A 61% Pay Raise Recently?

As patients struggle to pay for their premiums and their medications, this dude just got some good news. Pfizer CEO Ian Read got a 61% pay raise—to $27.9 million—as their drug prices continue to climb. How much?  In a recent three-week span, the company hiked 116 drug prices as much as 9.46 percent. Additionally, Pfizer had increased the prices of 91 drugs by an average of 20 percent in just the first half of 2017.

Now, let’s not feel too sorry for these companies as they cry poor mouth and that they are losing money.

Child, please.

(Want to be reminded of some of our controversial, entertaining and motivational articles?  No one else is giving you the inside scoop to what is really going on in our healthcare system. Just sign up here. We don’t give your email out and we don’t spam you.)

Douglas Farrago MD

Douglas Farrago MD is a full-time practicing family doc in Forest, Va. He started Forest Direct Primary Care where he takes no insurance and bills patients a monthly fee. He is board certified in the specialty of Family Practice. He is the inventor of a product called the Knee Saver which is currently in the Baseball Hall of Fame. The Knee Saver and its knock-offs are worn by many major league baseball catchers. He is also the inventor of the CryoHelmet used by athletes for head injuries as well as migraine sufferers. Dr. Farrago is the author of four books, two of which are the top two most popular DPC books. From 2001 – 2011, Dr. Farrago was the editor and creator of the Placebo Journal which ran for 10 full years. Described as the Mad Magazine for doctors, he and the Placebo Journal were featured in the Washington Post, US News and World Report, the AP, and the NY Times. Dr. Farrago is also the editor of the blog Authentic Medicine which was born out of concern about where the direction of healthcare is heading and the belief that the wrong people are in charge. This blog has been going daily for more than 15 years Article about Dr. Farrago in Doximity Email Dr. Farrago – [email protected] 

  2 comments for “Did You Get A 61% Pay Raise Recently?

  1. Daniel
    March 31, 2018 at 5:44 pm

    The outgoing aetna ceo will receive a $500 million golden parachute when cvs bus aetna.

  2. R Watkins
    March 26, 2018 at 12:41 pm

    But somehow this is caused by greedy doctors, right?

Comments are closed.