Tag: drugs

Should high priced drugs offer a money back guarantee if they do not work as advertised? Check this out.

  Should high priced drugs offer a money back guarantee if they do not work as advertised?  Check this out. Many of us have been given drugs that have been expensive and were of dubious benefit, and some may have made us ill in ways that were different from the problems we had hoped to get relief from. Some of these drugs can cost thousands of dollars, and to have them be ineffective, is basically like throwing money away. Recently, GlaxoSmithKline actually offered a refund of the drug they make for “Bubble Boy Syndrome” did not work as advertised to Read More »

Physicians are fed up with high drug prices too; one physician offers some good ideas on how to lower drug costs in the USA

Physicians are fed up with high drug prices too; one physician offers some good ideas on how to lower drug costs in the USA. Drug prices in the USA are the highest in the world. Why do we pay so much more? The answer is that there is a willingness to do so at any cost and insurers are part of the problem and legislation that limits a willingness to negotiate drug prices such as the Medicare program. This of course needs to change, and drug companies price on a whim, and unfortunately get it by heavily advertising and knowing Read More »

Heroin and Cocaine are less dangerous than prescription drugs says a new study.

Heroin and Cocaine are less dangerous than prescription drugs says a new study. If you watch television at any time during the day, there is a good chance that you will see a commercial for a new pharmaceutical medication that will solve your problems for you and allow you to live a fuller, more productive life. If you look past the initial message, you will likely hear a bunch of side effects that can be more horrible than the condition it is supposedly going to relieve. It is no secret that in the USA we take more drugs than any Read More »

New medical guidelines require doctors consider the cost of treatments as well as their value says the NY Times

New medical guidelines require doctors consider the cost of treatments as well as their value says the NY Times New medical guidelines are now being developed from a number of medical specialty groups to help combat the cost of medical care. Many of those treatments involve drugs that are new a wildly priced, with often little improvement over much less costly treatments. This is a new development since doctors have always placed patients first and costs secondary, however, as patients are finding more and more of the cost shifted to them from insurance carriers, it places sometimes unrealistic financial burdens Read More »