Did you know Clinton has a plan to fight "drug price gouging?" Clinton to unveil details of her plan soon.

2015-09-21T21:26:46-04:00

http://www.oann.com/clinton-to-unveil-plan-to-fight-drug-price-gouging/

Although I totally dislike, don't care for and just about Loath Hilary Clinton....this actually may be something I like. Drug companies have far too long charged way too much for drugs...pills and it's high time they are capped on these ridiculously high prices.

I don't know what Hilary's plan is, but I'd like to hear what she has to say.

Oh my GOSH...did I just really say that about her. lol

Democrat Clinton to unveil plan to fight drug ‘price gouging’

By Emily Stephenson

Response by SFC Private RallyPoint Member made Sep 21 at 2015 9:28 PM

2015-09-21T21:28:59-04:00

Hmmmm.... Wonder which type she's talking about though? Pharmacy or street? In all seriousness though, some drug companies really could stand to make their products slightly more affordable.

Response by LTC Kevin B. made Sep 21 at 2015 9:34 PM

2015-09-21T21:34:10-04:00

I am aware of that. I'll be interested in hearing how any politician can defend a 5,500% overnight markup. That's definitely not indicative of a healthy free market operating in any way that's productive for our society. That's indicative of a monopoly exploiting its market power.

Response by SSgt Alex Robinson made Sep 21 at 2015 9:43 PM

2015-09-21T21:43:50-04:00

Too bad she is in the pocket of the drug companies

Response by SGT Private RallyPoint Member made Sep 21 at 2015 9:44 PM

2015-09-21T21:44:43-04:00

Hmm, I wonder why she would allow herself getting gouged on her drugs? Hmm.

Response by CPT Jack Durish made Sep 21 at 2015 9:45 PM

2015-09-21T21:45:39-04:00

Easy to fix is easy to say. Remember Hillarycare? That was the precursor to Obamacare. It didn't fare too well because Hillary was never a consensus builder. Never will be. Of course, if she "ruled" like a tyrant, she could simply reduce drug prices by a declaration. However, drugs would then disappear and where would we be? To address the high cost of drugs we must first address the high cost of FDA processes for bringing new drugs to market. Then we have to address the high cost of liability insurance on drugs. Fixing those two issues would help a lot, but there would be more problems to solve. Think Hillary is up to it? She wasn't the first time around, was she?

Response by SSG Private RallyPoint Member made Sep 21 at 2015 10:24 PM

2015-09-21T22:24:44-04:00

Interestingly, I was reading an article on this very topic the other day. It isn't a new article by any stretch of the imagination, but I remember albuterol being much cheaper when I was a kid. So, I searched for some information about it and came across this article from the NY Times a couple of years ago.

Seems the issue may have been something as simple as a repatent causing the cost to go from about 15 dollars on average for an Albuterol inhaler (the primary drug for asthma) to upwards of $100, if not more.

http://www.nytimes.com/2013/10/13/us/the-soaring-cost-of-a-simple-breath.html?pagewanted=all&_r=0

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Response by Cpl James Waycasie made Sep 22 at 2015 12:07 AM

2015-09-22T00:07:28-04:00

She may have a plan but if she's speaking, she's probably lying, lol

Response by Sgt Tom Cunnally made Sep 22 at 2015 5:44 AM

2015-09-22T05:44:57-04:00

Hillary Clinton unveils plan to lower prescription drug costs

Hillary Clinton on Tuesday will roll out a plan to rein in prescription drug costs by forcing pharmaceutical companies to reinvest their profits into research and allowing for more generic and imported drugs.

The proposal, which she’ll outline in a speech in Iowa later today, would also allow Medicare to negotiate lower drug costs and cap out-of-pocket expenses, according to details of the plan sent out by the campaign.

The plan seeks to address a key shortcoming of Obamacare, President Obama’s signature health law, as the Democratic front-runner aims to show how she would put her imprint on it.

On Monday, Clinton sent out a tweet referencing a New York Times article about a drug to treat a life-threatening parasitic infection that increased in price overnight from $13.50 to $750 per tablet.

Response by Sgt Tom Cunnally made Sep 22 at 2015 6:14 AM

2015-09-22T06:14:02-04:00

"Did you know Clinton has a plan to fight "drug price gouging?" Clinton to unveil details of her plan soon."

Ok she has been laying out her plans lately to change the focus on her email & server issues. But has the liberal media scrutinized her plans? No because Hillary has them in her hip pocket. Hillary has her Advocates; Paul Begala & Karen Finney trying to sell these plans. However they didn't know the details and their answers to questions has one wondering. "What a bunch of BS and an insult to voter's intelligence. ". Finney was asked how will Hillary pay for these plans and she could not answer this question. Finney also stated the email issue is not a big deal & trumped up by Repubs when asked about paying for Hillary's plans.. Begala says "By reducing waste & corruption in government spending".

Now I better understand why Hillary is losing support among women end millenniums

Response by Cpl Jeff N. made Sep 22 at 2015 6:19 AM

2015-09-22T06:19:47-04:00

We have some challenges in this area for sure. It costs a lot of money and time to research, develop, design, test and get an FDA approval for a drug. It can be many years and scores of millions of dollars. The companies have to make their return on that investment while they have their patent or protection for the drug they developed. That is the simple reason new or reformulated drugs cost so much. If we take the opportunity to make a profit off of the investment, who will make the investment?

What we should do is to look to remove some of the costs to get the drug to market. Outside of developing the drug itself, it is things such as FDA approval which requires many years of testing and costly/expensive approval processes. They also must protect themselves from legal action with insurance and a lot of legal costs also driving up the cost of the final product.

When people like Hillary talk about making drugs less expensive they never talk about getting the bureaucracy out of the way, they always talk about trying to go after the pharmaceutical companies. We need to be careful about listening to what our itching ears want to hear. These companies have given us significant breakthroughs in treatments for millions. What exactly are the politicians bringing us besides debt, division, disharmony and disaster?

Response by LTC Private RallyPoint Member made Sep 22 at 2015 7:22 AM

2015-09-22T07:22:53-04:00

She is trying to distinguish herself from President Obama on this one. Despite the socialization of medicine to date, big pharma has been relatively unscathed in this administration. Smells like the beginning of let's make a deal....after I rattle a few cages.

Response by LTC Private RallyPoint Member made Sep 22 at 2015 8:12 AM

2015-09-22T08:12:06-04:00

more socialism... now government will dictate the prices a manufacturer can sell its products for.

Hildabeast, I think you should cap the cost on cars too... I want a new Bentley but only want to pay the Prius sticker price...

Response by LTC Stephen F. made Sep 22 at 2015 11:18 AM

2015-09-22T11:18:20-04:00

The way new drugs are developed in a free society [as opposed to socialism] is that the pharmaceutical and high end medical supply companies [MR, CT Scan, machines, mechanical hearts, etc.] bear the financial risk of developing new treatments and breakthrough treatments under the watchful eyes of HHS and their FDA.
The experimental costs and trial of the medicines/devices is borne by the Pharmaceutical and Medical manufacturing companies. The costs of drugs and equipment that fails to meet the standards are eaten by those companies.
Drugs that are significantly different and improve the possibility of helping people with specific medical problems are authorized by the FDA once patented [not sure of sequence] to be sold with no generic equivalents authorized for a period of time [7 years may be the baseline]. This is where the pharmaceutical companies [negotiation between manufacturer, insurance companies and FDA] can make back some of the funding they expended in the trials and production of the medicine. After the period is over, generic equivalents are authorized many times except for unique medicines which have small populations that require them.
If Hillary Rodham Clinton is pushing a solution she may have good intentions; but, I expect she is proposing a government heavy solution with regulatory requirements and government oversight of the processes.

Response by LTC Bink Romanick made Sep 22 at 2015 11:23 AM

2015-09-22T11:23:11-04:00

Sgt Kelli Mays might not be a bad idea to control the gouging no matt who does it.

Response by 1LT Aaron Barr made Sep 30 at 2015 9:26 AM

2015-09-30T09:26:08-04:00

Price controls for drugs is a great idea provided you can know, with absolute certainty, that you won't ever get a disease that isn't treatable, if not curable, with current medicine. On average, only 1 out of every thousand compounds tested becomes a marketable drug. This takes an average of over 10 years and costs an average of $2.6 billion. Any proceeds from that drug must pay not only for itself but the research into the 999 other compounds that didn't make it. It must show a high profitability due to the high level of risk inherent in this field or investment will flee. Oh, and it has to do all of this within the lifetime of the patents.

There are things that can be done and chief amongst them would be for the US government to pressure other nations, especially the welfare states of Europe, to help bear the costs by fighting them when they try to strong arm drug companies into taking cut rates for their medicines which ends up passing a large part of the costs onto US consumers.