Drug Money: Companies Flipping Drugs for Profit and Costs of Cancer Care and Drug Company Political Contributions, Drug Coupons and Costly Diabetes Drugs

I don’t usually do this, but these four articles speak for themselves on drug costs and I am on my way to a conference.

1) Drug companies are selling their drugs to others after a patent expires and those companies can/do jack up the price.  This is from Bloomberg News, a reputable business publication:

http://www.bloomberg.com/news/articles/2016-11-02/buy-and-flip-booms-in-drugs-market-as-private-equity-moves-in?utm_campaign=KHN%3A+Daily+Health+Policy+Report&utm_source=hs_email&utm_medium=email&utm_content=36890353&_hsenc=p2ANqtz-8ApeujdzXuBIbsRKwqN4-EykDsc-YnQl6YLc5GamDQhbzH5Oi5kboDkf22XJCYIBn3_VWA1rk1mbI-ZbKVR7UhsZzAig&_hsmi=36890353

2) The cost of cancer care:  One of the reason some people file for bankruptcy or go into deep debt and often re-finance their homes. This from the National Center for Biotechnology Education:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4523887/

3)  corporate drug company contributions during the election to candidate at the local level from Statnews on health care:

https://www.statnews.com/2016/11/02/fearing-democratic-tidal-wave-drug-industry-pouring-money-gop-coffers/

4) Do Drug Coupons for Low Income:  Do They  Really Help with Drug Costs?  From the New York Times:

http://www.nytimes.com/2016/10/13/upshot/drug-coupons-helping-a-few-at-the-expense-of-everyone.html em_pos=small&emc=edit_up_20161014&nl=upshot&nl_art=1&nlid=54404043&ref=hedline&te=1

5) Costs Now Unaffordable especially for those with Donut Hole–from the Washington Post

https://www.washingtonpost.com/news/wonk/wp/2016/10/31/why-insulin-prices-have-kept-rising-for-95-years/?wpisrc=nl_wonk&wpmm=1

Kathleen O’Connor (c) November 2, 2016

About Kathleen

Kathleen O’Connor: 30+ year health care consumer advocate, non-profit executive and author. For more information about Kathleen, please see "About" on the main content bar above.
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