Replies to post #195203 on Biotech Values

[zipjet]

Clinton proposes $250 monthly cap on prescription drug costs

Interesting idea.

It would not hurt the insurer who would simply adjust premiums.

And it might even reduce costs overall if increased compliance reduced more costly treatments.

[iandy]

From the article:

Consumers would also be allowed to purchase drugs from other countries, where medicine is often less expensive, so long as there are sufficient safety standards in place, Clinton's campaign said.

This should become a major issue in political campaigns. People have been complaining about the discrepancy in what we pay for years. Practically everyone is effected.

[caravon]

Remember "Change & Hope"?

The same game. A patient pays $250 and the rest will pay US taxpayer after Big Pharma and Insurance companies will at lease double their profit margins.

[DewDiligence]

One element of Clinton’s plan is largely symbolic: the proposed shortening of the statutory exclusivity period for biologics from 12 years to 7 years. Such a change wouldn’t have much practical effect because most biologics have at least 12 years of US patent protection when they are launched in the US market.