Prescriptions and profit: Of course they make a profit. They're not charities....

From: fresh~horses (fresh~horses_at_despammed.com)
Date: 08/23/04


Date: 22 Aug 2004 21:14:02 -0700

Prescriptions and Profit: CBS NEWS

http://www.cbsnews.com/stories/2004/03/12/60minutes/main605700.shtml

Print version
http://www.cbsnews.com/stories/2004/03/12/60minutes/printable605700.shtml

"The United States is the only industrialized country without some
form of control on the prices of drugs. The U.S. also accounts for
more than half of the industry's profits."

"We can save anywhere from $4 to $9 million on an annual basis if I
get everybody enrolled and everybody goes to Canada. And that's a huge
amount of money right now," says Albano. "If I can save $9 million for
my city and put it back, redirect it back into police and fire and to
public education, it'll make a world of difference. So it's a huge
savings."

---------more---------



Relevant Pages

  • Re: Sid Meiers Railroads! - hands-on preview
    ... higher rail prices AND fewer/slower services for UK rail passengers ... Plenty of profit ... But as I have been saying from the start, the desire for profit is not itself a bad thing, even when it is used by the unscrupulous to bad end. ... poor business managers and now they've set things aright once more, ...
    (comp.sys.ibm.pc.games.strategic)
  • OT - Noam Chomsky Connects the Dots
    ... Let's talk about the recently passed Iraqi oil law. ... foreign corporations have control and make huge profits. ... always been control, not access, and not profit. ...
    (alt.sports.basketball.nba.la-lakers)
  • Noam Chomsky Connects the Dots
    ... Let's talk about the recently passed Iraqi oil law. ... foreign corporations have control and make huge profits. ... always been control, not access, and not profit. ...
    (soc.culture.cuba)
  • Re: Lipitor - availability?
    ... As someone who has lived in sub-Saharan Africa for close to a ... SSRIs come in at around 5 or 6 billion, erection drugs do around 3 ... keeping big pharma from developing malaria and aids drugs for sub-sharan ... comment about profit being *diverted* into shareholder's pockets. ...
    (rec.travel.asia)
  • Re: Fabrications of Health Care Obstructionists And Their Easy Exposure!
    ... the absurd and costly "war" on drugs ... to ensure that American government would once again begin living within ... They didn't create the health care system, ... Health insurance companies run off a 3.3% profit margin. ...
    (alt.politics)