Quote:
Originally Posted by Happy Monkey
And getting an industry that is exempt from antitrust regulation to lower their prices isn't easy.
|
Solving the insurance problem only starts to address the issue. Once the insurance problem is addressed, only then will the next problem be confronted.
Insurance companies have something like a 2% profit margin. Big pharma and medical equipment suppliers average 17% and 20+% profit margins. Making it illegal to buy the same drug from Canada or Mexico - to keep American drug prices 40% higher - did not help anything. And yes, same viagra made in Ireland sells for 40% higher in America compared to both Canada and Mexico - because our bought and paid for politicians know where campaign funds come from.