Health Care Costs
Hang on to your wallet. Health Insurance Companies are seeking rate increases.....big ones!! ....new customers turned out to be sicker than expected. Article
Forum Discussion
What I mostly dislike about the US health care system is the enormous cost of drugs compared to the rest of the world. I take a biologic injectable drug that I recently received a refill for a three month supply. The cost paid by the insurance company was $18,636.10, my cost was $10. I am so grateful that I work for a large company with great benefits, but these kind of charges are not sustainable.
My guess is that in Canada and Europe that this drug would be a third of the price and other countries probably less than that. I'm glad the drug is available and it works great, but it's been on the market for over 10 years and I'm sure they got their development costs back and then several billion dollars more so why the high price?
Ok, my rant is over.
My guess is that in Canada and Europe that this drug would be a third of the price and other countries probably less than that. I'm glad the drug is available and it works great, but it's been on the market for over 10 years and I'm sure they got their development costs back and then several billion dollars more so why the high price?
Ok, my rant is over.
