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Re: Lemmiwinks post# 250028

Thursday, 03/05/2020 4:14:37 AM

Thursday, March 05, 2020 4:14:37 AM

Post# of 424407
So much of healthcare spending is sucked out as profit and into shareholders hands by the Pharmacy Benefits Administrators, the Insurance Companies, the Distribution networks, and I hate to say this here, Big Pharma. I would add for profit hospitals but they don't make much money. Everyone calls this healthcare cost but it is capitalism at its best. As long as lobbyist and Wall Street run are government this is what we are going to get.

Our government needs to find ways to do some of this themselves or at least lower or limit the profit margins of these companies. I like what you are saying about Vascepa making a dent. On a similar note, Arena Pharmaceuticals has a new drug they just started testing that is a new approach for acute heart failure. They have great scientific discovery there and this could be epic in terms of cost savings to the overall healthcare system. I have placed a big bet on them as well for this drug and the rest of their pipeline.
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