Insurance Companies and Prescription Drugs

Why do some drugs cost more than others?

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Boy! I wish the information in this video were true but unfortunately it is not. On the surface it is true but when you dig deeper you find that there is much much more room for improvement. It does not address the fact that the same drug manufactured by the same company in the same plant can have differences of cost at the wholesale level as much as 10,000% depending upon the country of distribution and as much as 4,000% within the United States alone. Is this their dirty little secret?

Reply (0) chichika123 (1 year ago)

im tired of the drug companies they just treat us like string puppets, taking our money

Reply (3) Dvon5000 (1 year ago)

I love how in these videos huge corporate profit margins are always excused as necessary for recouping the weighty, burdensome costs of R&D, production, and advertising. If they were being spent on R&D, they wouldn't be called PROFITS. Profits are what's left AFTER you factor in the expenses. This video explains HOW different drugs vary wildly in price. But it doesn't tell you why. Any guesses?

Reply (0) wwwYAWEZcom (1 year ago)

Wonderful video

Reply (0) tarossi400 (1 year ago)

The only thing this commercial is missing is Billy Mays.

Reply (1) emmamartini (1 year ago)

lies!! well...the reason they cost so much is profit and greed. it's twisted. and these videos totally suck

Reply (0) scjforever (1 year ago)

hhh

Reply (0) xexkxex (1 year ago)

Ys...go talk to your doctor...the guy that may or may not get payments to push certain drugs.

Reply (0) FlyingGOATWithaCAPE (1 year ago)

drugs are bad m'kay

Reply (0) RXM9600 (1 year ago)

lol made by a company, wow

Reply (0) LAtoOC (1 year ago)

Are doctors nothing more than salesmen for drug companies?

Reply (0) shdyslimm1 (1 year ago)

well it is very inconvenient to wait for a mail order. Most senior use mail order because they have to take certain medication for the rest of their lives. But if you were to take an antibiotic for 7 days to get rid of strep throat you will not want to wait for that mail to come in. In other words, Mail order are mostly used for long term medication and you can continuously getting Rx from doctors before hand so you wouldn't miss your dosage.

Reply (0) petertwang (1 year ago)

Generics are cheaper but NOT because they aren't advertised or marketed. This is misleading. Generics are cheaper because the patent on the drug expires, allowing other drug manufacturers to synthesize the drug and compete. What the video doesn't explain is that new drugs cost a lot because patents grant the inventor the exclusive right to manufacture the drug, temporarily producing a monopoly, and the lack of competition is what allows the cost to rise so high.

Reply (0) imthedude (1 year ago)

i like these videos but i feel some high ups in the health industry are making these videos so we make certain choices to either help us or hurt us =s

Reply (0) MarkG45 (1 year ago)

i hope the insurance behemoths made a deal with God, because they sold their souls a long time ago. Profiting off of letting people die, is there a lower scum of humanity?

Why do some drugs cost more than others?

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