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Trump Administration does something right!!

jaeger19 said:
Sure..who is saying that they don't? Where in the world do you get that because there is an advertisement..that somehow.. the doctor and the pharmacist become magically out of the loop?



Which it does by informing the patient about their product. That's how it sells.



Actually it probably reduces the ultimate cost.. and that's because: it helps prevents one medication from getting a virtual monopoly by virtue of being the first.. or because the company producing it.. is better at marketing to the doctors.

Now instead.. if a new medication that competes with an existing one.. is developed. IT an be marketed directly to the public... "hey..ask your doctor if this is right for you".

That introduces competition.

Also.. if it increases the volume that's sold.. that means the cost to produce drops. A company can offer lower prices because they make it on volume.

no it does not.
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Competition does not enter into the equation when it comes to proprietary medications. The company that developed it has a monopoly on it, and can charge whatever the traffic will bear. If the potential customer knows the cost up front, it will be more difficult to exact overly high costs.
 
Dittohead not! said:
Competition does not enter into the equation when it comes to proprietary medications. The company that developed it has a monopoly on it, and can charge whatever the traffic will bear. If the potential customer knows the cost up front, it will be more difficult to exact overly high costs.
Click to expand...

Sure it does. Just because a company develops a new drug for blood pressure.. or a new drug for anti coagulation (thinning the blood) or diabetes.. doesn't automatically give it a monopoly. There are tons of other alternatives out there to control blood pressure.. or for anti coagulation. In fact.. its often these drugs and treatments that are advertised because they offer alternatives to existing medication. In fact, for anti coagulation there are now new medications.. that don't require the constant monitoring and cost that traditional anti coagulation medications like warfarin do. In part..its advertising that gets patients asking their doctors if the new medication is appropriate for them.


Knowing the "cost"...which as I stated is meaningless.. doesn't make it any less likely to "exact overly high costs". No way no how.


And NOT knowing the cost from an advertisement doesn't hurt a potential customer either. Seriously.. play it out. YOU hear about a new medication for your diabetes. You decide to go to your doctor and discuss it with him. He says.."actually it might be better for you than what you have now.. it might regulate you better". So..you go explore what its going to cost with your insurance... you find out its crazy expensive so you decide not to do it. Or you find out that its crazy expensive.. but frankly the rewards of being better controlled and not ending up feeling awful several times a week and having to go to the ER once a month because your diabetes is out of control..seems to be the worth the cost.


Well.. how does it work out if you add the "cost".. from the advertisement. You see a diabetes medication.. and the cost.. seems prohibitive.. crazy expensive. So you never ask your doctor..

Never knowing that the benefits would have outweighed the cost. OR that the cost really wasn't that much.. because the stated cost on the advertisement.. was actually much higher than your insurance paid for it. OR your insurance.. had decided that it was willing to pay the higher cost for the medication.. so it on its formulary you didn't pay anything for that drug... Because the insurance realized for brittle diabetics.. this new drug would reduce ER visits and complications from diabetes by half.. and thus save the insurance companies.. way more money.. than the increased cost of the drug.

Think about it.. what is the real advantage here of posting the cost... whats the effect that you want? That people won't bother to ask their doctor about a new medication they heard about.. because they have already decided it was too expensive?

How does that really benefit people? Especially when its a fact that the cost that's advertised.. will NOT be the actual cost to the patient or even to the insurance company.
 
jaeger19 said:
Sure it does. Just because a company develops a new drug for blood pressure.. or a new drug for anti coagulation (thinning the blood) or diabetes.. doesn't automatically give it a monopoly. There are tons of other alternatives out there to control blood pressure.. or for anti coagulation. In fact.. its often these drugs and treatments that are advertised because they offer alternatives to existing medication. In fact, for anti coagulation there are now new medications.. that don't require the constant monitoring and cost that traditional anti coagulation medications like warfarin do. In part..its advertising that gets patients asking their doctors if the new medication is appropriate for them.


Knowing the "cost"...which as I stated is meaningless.. doesn't make it any less likely to "exact overly high costs". No way no how.


And NOT knowing the cost from an advertisement doesn't hurt a potential customer either. Seriously.. play it out. YOU hear about a new medication for your diabetes. You decide to go to your doctor and discuss it with him. He says.."actually it might be better for you than what you have now.. it might regulate you better". So..you go explore what its going to cost with your insurance... you find out its crazy expensive so you decide not to do it. Or you find out that its crazy expensive.. but frankly the rewards of being better controlled and not ending up feeling awful several times a week and having to go to the ER once a month because your diabetes is out of control..seems to be the worth the cost.


Well.. how does it work out if you add the "cost".. from the advertisement. You see a diabetes medication.. and the cost.. seems prohibitive.. crazy expensive. So you never ask your doctor..

Never knowing that the benefits would have outweighed the cost. OR that the cost really wasn't that much.. because the stated cost on the advertisement.. was actually much higher than your insurance paid for it. OR your insurance.. had decided that it was willing to pay the higher cost for the medication.. so it on its formulary you didn't pay anything for that drug... Because the insurance realized for brittle diabetics.. this new drug would reduce ER visits and complications from diabetes by half.. and thus save the insurance companies.. way more money.. than the increased cost of the drug.

Think about it.. what is the real advantage here of posting the cost... whats the effect that you want? That people won't bother to ask their doctor about a new medication they heard about.. because they have already decided it was too expensive?

How does that really benefit people? Especially when its a fact that the cost that's advertised.. will NOT be the actual cost to the patient or even to the insurance company.
Click to expand...

Well, you've convinced me. Here, I thought the Trump administration had done something right. I should have known better than that.
 
Dittohead not! said:
Well, you've convinced me. Here, I thought the Trump administration had done something right. I should have known better than that.
Click to expand...

Actually... the Trump administration doing basically anything.. should be a caution as to whether it makes sense or not. Trump does what helps trump.. without care for the realities that are involved.
 
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