Why is it that generic drug makers sometimes delay entering the market, sometimes long after the drug patent expires? This is another tale in corporatocracy, told by Alternet:
[I]magine you’re a big-time drug company. You want to keep competitors off the market as long as possible. Your move is to basically sue the pants off the generic drugmaker for copyright infringement, setting in motion a long and tortuous legal process. And these usually end with “pay-for-delay” deals. The brand-name drug company pays the generic manufacturer a cash settlement, and the generic manufacturer agrees to delay entry into the market for a number of years. In the case before the Supreme Court, the drug company paid $30 million a year to protect its $125 million annual profit in AndroGel, a testosterone supplement.
It’s hard to see this as anything but bribery, designed to preserve a lucrative monopoly for the brand-name drug maker. In fact, this is what the Federal Trade Commission has argued for over a decade. They consider it a violation of antitrust law, arguing that the exchange of cash gives the generic manufacturer a share of future profits in the drug, specifically to prolong the monopoly. As SCOTUSBlog summarizes from the FTC’s court brief, in the regulator’s view, “Nothing in patent law … validates a system in which brand-name companies could buy off their would-be competitors.” Indeed, everyone wins with pay-for-delay but the consumer: the FTC estimates that the two dozen deals inked in 2012 alone cost drug patients $3.5 billion annually, with the brand-name and generic manufacturers splitting the ill-gotten profits.
Check out the feature article in this week’s Time Magazine. It’s called “Bitter Pill,” and it’s written by Steven Brill, a savvy insider. In addition to making me apprehensive that health insurance costs are about to spike upward due to Obamacare’s lack of any meaningful price controls on health insurance, it gives an insider’s look into the massively arbitrary pricing of health care services. In the absence of any competitive market, big hospitals (including the so-called non-profit hospitals) are freely allowed to concoct the prices they charge. They quietly maintain their made-up pricing on their non-public “chargemaster” price lists.
We are hit with so much propaganda about the “need” to drink cow milk that many Americans uncritically believe it. To follow up on an article I once wrote about all the dairy hype (“The Land of Milk and Money“), I offer this more recent article listing “10 Fascinating Facts About Cow Milk.”
And yes, most of the world’s adults are lactose intolerant. It is not even possible for them to drank milk. We milk-drinkers are the unusual ones. Actually, I’m mostly there. I put soy milk on my cereal, but I still do enjoy ice cream. But I don’t consume milk products for the calcium. I know that there are other ways to get calcium.
At Occasional Planet, Madonna Gauding takes a careful look at what Obamacare means for ordinary people and big corporations.
A generous (and seriously wrongheaded) view of Obamacare is that it was a progressive bill designed to be a steppingstone to single payer. But, in reality, it was designed to strengthen, expand, and more deeply entrench corporate control of healthcare delivery. What will happen when the ACA comes online in 2014? I think millions will decide (out of necessity) to take the IRS fine rather than go into further debt buying inadequate, high deductible insurance. The insurance companies, limited to a smaller profit margin, and not getting the numbers they want, will decide they can’t make enough money to keep their yachts afloat, and fold. Hospitals, tired of treating people in emergency rooms for free, will push for Medicare expansion, as will the general population. Slowly, in fits and starts, we will move to Medicare for all. That will be a huge improvement. But, in order for us to have humane healthcare for all, the profit taking throughout the system has to stop—the $200 a pill prescription, the $15 box of hospital tissues, the many unnecessary, but lucrative procedures that line the pockets of surgeons. The “free market” for-profit health care industry with its bloated costs is the underlying cancer of healthcare delivery in the United States.
I still don’t see any evidence that Obamacare will reduce health care premiums for ordinary Americans. These cost controls were promised as the prime reason for Obamacare back when Barack Obama first ran for president. At Huffpo, Wendell Potter explains some of the reasons that healthcare premiums continue to skyrocket. It’s a story permeated with corruption, involving the malfeasance of both Democrats and Republicans. Here’s the introduction to Potter’s article, “Why Americans Pay So Much for Health Care: Friends in High Places (Just Not Your Friends)“:
If you wonder why we spend more money on health care than any other country but have some of the worst health outcomes, you need look no further than the halls of Congress to it figure out. And you need look no further back than the recent “fiscal cliff” drama for compelling proof of how decisions are often made, not based on protecting the public’s interest and bringing costs down but on protecting the profits of pharmaceutical companies, insurance firms and other special interests that grease the palms of our elected officials.
In his article at Common Dreams, Oregon doctor Samuel Metz destroys the notion that the United States has the world’s best health care system.
Senate Minority Leader Mitch McConnell says, “We do start with the notion, however, that we have the best health care in the world.” If McConnell had diabetes, he might pause. American diabetics suffer twice as many foot amputations as diabetics in Europe because they cannot afford care to prevent foot infections from turning deadly.
House Speaker John Boehner says we have “the best health care delivery system in the world.” But there are 35 other countries in which a pregnant woman and her baby have a better chance of surviving the pregnancy. The United States leads the industrialized world in deaths preventable with timely care. There are 15 other nations providing every citizen with lifesaving treatments denied to many unfortunate Americans.
Ever since Arianna Huffington convinced me to undertake the “sleep challenge,” I have been trying to get more sleep, and I’ve been enjoying it more, as well as enjoying my better-rested awake time more. Yesterday, I stumbled across this quote:
“Sleeping is my drug, my bed is my dealer and my alarm clock is the police.”
I thought I might write about something other than politics this morning, but some things are just too there to ignore. But perhaps this isn’t strictly about politics.
Representative Paul Broun of Georgia recently said the following. I’m pulling the quote from news sources so I don’t get it wrong.
“God’s word is true. I’ve come to understand that. All that stuff I was taught about evolution, embryology, Big Bang theory, all that is lies straight from the pit of hell. It’s lies to try to keep me and all the folks who are taught that from understanding that they need a savior. There’s a lot of scientific data that I found out as a scientist that actually show that this is really a young Earth. I believe that the Earth is about 9,000 years old. I believe that it was created in six days as we know them. That’s what the Bible says.
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