“A new AARP analysis finds that the billions of dollars Medicare Part D spent over five years for just 10 top brand name prescription drugs more than made up for the money drugmakers say it costs to research and develop new medications.” This hits very close to home for me. I am old enough to be on Medicare and my wife is disabled with a life-threatening autoimmune disease called relapsing polychondritis. She makes antibodies against her own cartilage. My wife’s ear is in the picture. You can see that the skin over her cartilage is blood-red because it is very inflamed while the earlobe is perfectly normal—no cartilage, no inflammation. Imagine the pain of having every disc in your back inflamed like that.
Unfortunately I have to go to Canada to buy Mybertriq…it’s too expensive in the US. It’s horrible we are forced to do this, but it makes a difference. Unfortunately drug companies make fortunes while the rest of us suffer. I worked for two Rx companies and money wast thrown away on dinners and trips for Rx reps that did well. It’s shameful.
The Medicare Drug Part D was created to benefit the middleman, Pharmacy Benefit Managers, AKA PBM. There are many generic prescription medications at fractions of tge cost, yet, Medicare drug Benefit programs are managed by PBM, hence, mandate pharmacies to dispense BRAND, and Medicare patients ate on the hook for paying full price, in donut hole quickly, many patients go without medications for months.
And why is it that "by law, we do not allow the Medicare system to use its tremendous leverage to negotiate drugs prices the way other governments do in every other developed country in the world?"
Unfortunately I have to go to Canada to buy Mybertriq…it’s too expensive in the US. It’s horrible we are forced to do this, but it makes a difference. Unfortunately drug companies make fortunes while the rest of us suffer. I worked for two Rx companies and money wast thrown away on dinners and trips for Rx reps that did well. It’s shameful.
The Medicare Drug Part D was created to benefit the middleman, Pharmacy Benefit Managers, AKA PBM. There are many generic prescription medications at fractions of tge cost, yet, Medicare drug Benefit programs are managed by PBM, hence, mandate pharmacies to dispense BRAND, and Medicare patients ate on the hook for paying full price, in donut hole quickly, many patients go without medications for months.
https://twitter.com/BoesingLoretta/status/1523130536042328064?t=BFghmeLPn8wClvv1goRriw&s=19
And why is it that "by law, we do not allow the Medicare system to use its tremendous leverage to negotiate drugs prices the way other governments do in every other developed country in the world?"