Drug Ads on TV Would Show Prices Under Trump Administration Proposal

October 16, 2018

  • October 16, 2018 at 7:38 am
    PolarBeaRepeal says:
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    A well-informed consumer is a key to economic efficiency, thus more goods for consumers in a competitive market, and reasonable & fair profits to producers of goods and service, with no excess profits and inefficient allocation of scarce economic resources. MAGA, via one regulatory change / rollback at a time!

    • October 16, 2018 at 4:11 pm
      Agent says:
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      Polar, this is a great idea and should have been done long ago. If the left who passed the 2,700 page monstrocity had done it, perhaps rates would be better today.

  • October 16, 2018 at 8:44 am
    ??? says:
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    I like the idea, but i’m curious on who would be providing the price – the manufacturer (like the MSRP) or the retailer? Many drugs can vary drastically in prices based on where they are purchased and if/what kind of insurance you may have. Over the counter drugs are the same way; Rite Aid could be 25%-200% more than CVS or Costco or BJs.

  • October 16, 2018 at 9:37 am
    Ron says:
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    The price lists will be longer than the list of side effects, and will not matter if there are no competing products. If your only choices are to pay or suffer/die, how is this helping?

    The only thing that has historically reduced name-brand prescriptions is the introduction of a generic option once the patent has expired.

    • October 16, 2018 at 11:06 am
      PolarBeaRepeal says:
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      If your only choices are to repeal ACA or suffer/die under long waits for treatment under Socialized medicine, how is that helping?

      The only thing that has historically or may reduce health care costs under ACA or MediCare-For-All-Except-Congress is the cancellation of treatments once the patient has expired after waiting and waiting and waiting for life-saving treatment.

      • October 16, 2018 at 11:29 am
        Rosenblatt says:
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        I disagree – “reasonable, usual and customary” rates definitely reduce health care costs too.

      • October 16, 2018 at 12:27 pm
        Ron says:
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        Polar,

        Didn’t you once or twice something about staying on topic of the article?

  • October 16, 2018 at 1:26 pm
    TxLady says:
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    The manufacturer sets the price they will be charging for the drug. New, name brand drugs usually have very high prices as the company is trying to recoup costs to develop. This is in the US where we allow them to set the price. By forcing them to put the price in the advertising, instead of just telling you all the wonders of this drug and to ” ask your doctor about rxwonderful”, it may make the company think a little more about what price they are charging and may result in a lower list price to consumers. Good idea. It also makes for a more educated consumer.

  • October 16, 2018 at 1:44 pm
    Dave Cwiekowski says:
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    Get rid of PBM’s. Useless middleman which ads to the cost.

  • October 16, 2018 at 1:55 pm
    insnerd8 says:
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    I have a better idea: Stop the ads altogether and use the billions in savings to lower the price of the drugs, or divert some of that savings into additional research.

    • October 16, 2018 at 3:55 pm
      SWFL Agent says:
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      Agree. Much of the advertising is during prime time so it’s very expensive. Plus some of the ads are for medicines for uncommon ailments (Nuedextra, Hetlioz) which doesn’t make sense.

      • October 24, 2018 at 12:44 pm
        Agent says:
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        I say let them advertise. Someone may see info on them and consult with their doctor to see if it will help them.

    • October 16, 2018 at 6:36 pm
      Craig Cornell says:
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      Right. And ban ads for fast food, soda, snacks and watching television. Not to mention ads for mountain bikes . All of which can possibly make your health worse than before.

      Because doctors are God. They never make mistakes. And regular old humans shouldn’t have a say in how their treatment runs; let the doctor’s all expense paid trips to Europe on behalf of drug companies help decide your medical fate.

      Geez. The Nanny State sure appeals to a lot of people . . .

  • October 16, 2018 at 2:18 pm
    Libertarian Agent says:
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    We really need to allow our health insurance industries to negotiate prices as well. Medicare is currently not allowed to do that. And we should consider allowing generic versions much sooner than currently allowed. Most of the retired and older people I meet and know that are the healthiest are the ones who eat healthy, exercise daily, and stay away from pharmaceuticals.

    • October 16, 2018 at 6:38 pm
      Craig Cornell says:
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      Love the shorter patent idea. Let’s chase all the high-risk pharmeceutical development to China. Our pharmeceutical industry can shrink up into a little ball studying more cures for headaches . . .

  • October 16, 2018 at 5:34 pm
    Dazzle says:
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    Instead of spending money on TV ads – every other advert is some type drug – they should apply that money towards the cost of their research. Promote the drug to the doctors and let them decide if it is a fit for their patients. I turn off the sound every time one of those ads come on – I think they are trying to make us sick by continually bombarding us with their variety of ills especially cancer. They should ban them all just like that banned liquor and cigarettes. They are a health menace. It should be mandatory to show the price – especially if it makes them so uncomfortable.

  • November 6, 2018 at 9:29 am
    we-love-google-adwords says:
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    I dont think you should let them advertise. The medicational consumption in the US is already way to high so it should be restricted!

    Greetings



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