Forum Discussion
carl2591
Aug 02, 2015Explorer III
problem i see is medical cost are too high for the amount of service provided. Too many doctors living in million dollar homes, driving expensize cars, having million dollar yachts with million suffering higher and higher insurance cost do to this and other facts..
US is only county in world that CAN NOT negotiated drugs cost, that alone is a lot of the issue and don't check out what the drugs companies are making in GROSS profit..
For those of you that don't know, gross profit is the amount of money left after ALL cost, including payroll, telephone, elec etc is subtracted..
like for Merck in 2014 total revenue 42.2B dollars,, gross profit show at 26.4B dollars. Net Income Applicable To Common Shares 11.2B dollars.. That billion dollars folks..
I know companies need profit to stay alive and Merck is showing a 26.5% profit.. that is on drug sold to families like mine and yours.. I don't mind a healthy profit but the gross revenue number are what tell me drugs are over priced.. Same with Apple they had a 43 billion profit i believe i was seeing. the means all I-pads, i-phones are over priced plus they are made in fricken CHINA.. bring the manf back to USA..
Just sayin.
US is only county in world that CAN NOT negotiated drugs cost, that alone is a lot of the issue and don't check out what the drugs companies are making in GROSS profit..
For those of you that don't know, gross profit is the amount of money left after ALL cost, including payroll, telephone, elec etc is subtracted..
like for Merck in 2014 total revenue 42.2B dollars,, gross profit show at 26.4B dollars. Net Income Applicable To Common Shares 11.2B dollars.. That billion dollars folks..
I know companies need profit to stay alive and Merck is showing a 26.5% profit.. that is on drug sold to families like mine and yours.. I don't mind a healthy profit but the gross revenue number are what tell me drugs are over priced.. Same with Apple they had a 43 billion profit i believe i was seeing. the means all I-pads, i-phones are over priced plus they are made in fricken CHINA.. bring the manf back to USA..
Just sayin.
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