Would you be mad if you found out you were paying as much as 2000% more than your neighbor for a prescription?
Furious, Michael Rea left his job as a pharmacist eight years ago to pursue a solution to the runaway cost of prescription drugs.
Dr. Michael Rea founded Rx Savings Solutions in 2008 after routinely witnessing consumers struggling to pay for their medications. He noticed quickly at that time that consumers were paying much more than they needed to, which was attributable to a lack of information available to them. He set out on his mission to arm consumers with this information and add efficiency and transparency back into the world of pharmacy. Dr. Rea has been involved with research surrounding pharmacy transparency for over 10 years. He received his Doctor of Pharmacy degree from Creighton University.
This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
The simple fact of the matter is, pharmaceutical companies excessively gouge for all their medicines at a ridiculous rate and they buy out the government so it doesn't interfere. We know this for a fact, because when governments *don't* play ball with them and actually fight for their citizens' health, we see a price drop in almost every drug by almost as much as 99% in most cases.
Things that cost in the hundreds and thousands in America and Canada? $5.00 in New Zealand and most of Europe.
While this guy's service no doubt finds the cheapest drugs around, it doesn't change the fact that almost every single one the drugs he was talking about in this talk is ridiculously overpriced anyways and *WE ARE ALL BEING GOUGED.* People are *DYING* for shareholder profits and our governments are being *BRIBED.*
All the these politicians and news stations are all owned be Big drug companies. So sad, that not even the current generation don't care enough to change the current situations. They also have cures for diseases that they have but they prefer to give a pill that you need for the rest for your life. Wake of People!!!!!!!!!! or be a victim of there big Parma greed. In Cuba, there drugs a dirt cheap and they are communism!! WTF.
This really didn't get much at why the costs of drugs were so high? I mean yeah it talked about the different cost variations on the same drug, but it didn't go in depth into why they are priced that way to begin with.
You can thank the Pharmaceutical Benefit Managers for for these prices. Their profits have increased 1001% since 1987. They started out helping people, then realized they could get rich without doing anything at all. Just dom't pass along the discounts to the pharmacy and the customer. They keep the discounts and rebates and make their annual multi-million dollar salaries easier to achieve. Ask any Congressman.
He didn't say which drug was prescribed. There are non-amphetamine alternatives used. Also, if the drug works and is used as directed, wouldn't it be unethical to not prescribe a known solution to a child who may end up failing to get into college or graduate high school because he can't pay attention?
I understand the USA is the leading prescriber of ADHD drugs to children, and that IS a problem. There are a majority of cases where the child is just being a child and needs some discipline, but instead are given drugs to fix the problem. But, for the children that truly need medication to focus (and that part is important), any and all medications should be considered to treat them IMO.
It was both. I'm not one of those people who believe the government is out to get people but it's not there to take care of everyone either. In this case the FDA needs to step up and do whats right for the people. The companies would make more money anyways if more people could afford the drug. It's like if you sell a car for a million dollars yeah a few people will buy it but if you sell a car for 20k$ a massive amount of people will buy it. Where he was talking about combining the two creams made me think about all the other things that are cheaper to build yourself. I have built my computer and if I had bought it premade instead of buying the parts separately it would have cost me nearly three times as much as it did.
Community pharmacists are the health professionals most accessible to the public. They supply medicines in accordance with a prescription or, when legally permitted, sell them without a prescription. In addition to ensuring an accurate supply of appropriate products, their professional activities also cover counselling of patients at the time of dispensing of prescription and non-prescription drugs, drug information to health professionals, patients and the general public, and participation in health-promotion programmes. They maintain links with other health professionals in primary health care.