The annual budget of
the National Institute of Health is about $30 billion. Most of it supports
health and drug research. Most of it goes to private companies that develop treatments
and drugs that they sell for a profit.
One estimate is that
our tax dollars are paying for about 33% of drug research.
The 11 largest Big
Pharma companies made about $85 billion in profitss last year. The U. S. drug
companies could easily pay back the federal aid that supported their research.
Why didn’t they?
The Massachusetts
legislature is considering bills to cap some drug prices and force pharmaceutical
companies to publish their actual research costs and how much federal money
they get for research.
I think that’s a
great idea.
Now, as soon as the
federal government authorizes the Social Security folks to start negotiating
drug prices with the manufacturers, we’ll be ready to take the next step.
Health care costs
too much in America. Some folks who provide health care are making too much
money doing it.
Copyright © Richard Carl Subber 2015 All rights reserved.
No comments:
Post a Comment