The Common Enemy

In a recent Bloomberg article it stated that “prices of the top 20 most-prescribed brand-name drugs in Medicare rose on average 12 percent every year for the last five years, or 10 times the rate of inflation”.  I am sure everyone who reads this wishes their salary would increase that much. It just never seems to happen, does it?  For this reason Big Pharma has made itself the enemy. They are part of my Medical Axis of Evil because of greed.

Here is the major nugget from the piece:

Deep in a budget deal Congress passed earlier this year — just 118 words in Section 53116, a little before passages on prison reporting data and payment yields for seed cotton — was a hit to pharmaceutical companies that will cost them billions, and could signal more losses to come.

Despite an intense lobbying push, lawmakers changed a Medicare rule, putting manufacturers on the hook for more of seniors’ prescription costs. The companies will have to offer a much more generous discount to beneficiaries who fall into the so-called donut hole coverage gap, marking down retail costs by 70 percent instead of the current 50 percent.
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This is a rare defeat for Big Pharma.  This administration, to their credit, is going after them. Now before you go crazy after reading that sentence I want to ask you one favor. Pease don’t make this a political thing or left vs. right because it is neither.  It is about who is getting paid behind the scenes. Bush handed them money with Medicare D. Obama did the same with the ACA. Both sides have been guilty.
The biggest question now is who will be paid off next?
The Pharmaceutical Research and Manufacturers of America, the trade group representing more than 30 pharmaceutical companies including giants Pfizer Inc. and Merck & Co., has beefed up its budget. PhRMA spent $26 million on lobbying in 2017, up from $20 million in 2016, according to the nonpartisan Center for Responsive Politics.

Who is going to get that $26 million?  Let’s keep this sellouts accountable!  Democrat, Republican, it doesn’t matter. If they vote against Big Pharma then let’s see how much they were supported by them and out them.  Until then, please consider writing for low-cost, generic meds as much as you can.  Use Goodrx.com for cash patients.  Every little bit helps.

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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] 

  4 comments for “The Common Enemy

  1. Steve O'
    April 24, 2018 at 12:31 pm

    “Capitalism” is invoked as tie answer to corporate dominance over individuals. “Socialism” is everything else.
    Meanwhile, the machines plow up all of it. It is all crooked.

  2. Pat
    April 24, 2018 at 8:53 am

    Big Pharma is exactly the result of crony corporatism, a bipartisan crime. Uncle Sugar should never have been involved in the production, pricing, or dispensing of meds, nor giveaways in exchange for retiree votes. We are all so screwed.

  3. Stephen Rockower
    April 24, 2018 at 8:33 am

    People in Maryland can go to http://www.MedChi.org/MDRXcard for our version of a drug card!

  4. Jennifer Hollywood
    April 24, 2018 at 8:25 am

    Now pharma will have to increase their ‘retail’ price even higher so that the 25% they keep will still equal the 50% the used to keep. We can’t have all those pharma CEO’s giving up their private jets and such.

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