Pharmaceutical Companies being giant POS

[DaBigTrain]

The cost of some of these drugs is insane. This doesn’t even include several of my infusions. Each infusion I have(every 6 weeks forever) is $40k

Had my infusion today and got a new bill. $416k

Based on what my March infusion cost the one today was about $47k

[Spracne]

wtf? Unless things change (unlikely any time soon), you're going to be working until you die :(

[OB_Won]

wtf? Unless things change (unlikely any time soon), you're going to be working until you die :(

And for a company large enough to absorb those kinds of insurance claims without causing premiums to shoot up. What a mumped up system we have.

[Spracne]

wtf? Unless things change (unlikely any time soon), you're going to be working until you die :(

And for a company large enough to absorb those kinds of insurance claims without causing premiums to shoot up. What a mumped up system we have.

Until you mentioned it, I hadn't considered how mumped up our system is for the leading global superpower western democracy. Hmmm

[wetwillie]

Certainly the thing will go generic right?

[catastrophe]

Certainly the thing will go generic right?

After 20 years or whatever. But there are so many big problems with our medical system that can be fixed by legislation that seems like a pretty poor consolidation.

[Institutional Control]

Certainly the thing will go generic right?

Nah, they just get extensions on their patents.

Between my daughter’s medication and mine, we typically meet our $6000 deductible by mid-March.


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[cfbandyman]

It's crap like this that makes me a single issue voter for single payer and reigning in pharma like none other TBT. What insanity.

[OB_Won]

wtf? Unless things change (unlikely any time soon), you're going to be working until you die :(

And for a company large enough to absorb those kinds of insurance claims without causing premiums to shoot up. What a mumped up system we have.

Until you mentioned it, I hadn't considered how mumped up our system is for the leading global superpower western democracy. Hmmm

The company I work at is going through this right now. We had a few very large claims last year, but we only have ~100 employees. Our broker for BCBS of TX quoted us a premium increase of 35% in response. That’s on a $6K deductible PPO. WTaF!?!  It is forcing our CEO/CFO/HR to consider the age of who they hire next, and the health history of who they keep. We are strongly in the black so I dont expect much to change. However, if we were struggling, or ran by a PE firm, I’m not sure I’d expect to see equitable treatment. Working in an “at will” state they can let you go for pretty much anything as long as they cover their butt and dont say/do anything stupid.

[DaBigTrain]

Certainly the thing will go generic right?

After 20 years or whatever. But there are so many big problems with our medical system that can be fixed by legislation that seems like a pretty poor consolidation.

The drug was first approved in 1998(although it’s still not approved for my condition, only 2 medications are and the second was only approved this past Halloween) and I do get the generic version of it.

[Spracne]

wtf? Unless things change (unlikely any time soon), you're going to be working until you die :(

And for a company large enough to absorb those kinds of insurance claims without causing premiums to shoot up. What a mumped up system we have.

Until you mentioned it, I hadn't considered how mumped up our system is for the leading global superpower western democracy. Hmmm

The company I work at is going through this right now. We had a few very large claims last year, but we only have ~100 employees. Our broker for BCBS of TX quoted us a premium increase of 35% in response. That’s on a $6K deductible PPO. WTaF!?!  It is forcing our CEO/CFO/HR to consider the age of who they hire next, and the health history of who they keep. We are strongly in the black so I dont expect much to change. However, if we were struggling, or ran by a PE firm, I’m not sure I’d expect to see equitable treatment. Working in an “at will” state they can let you go for pretty much anything as long as they cover their butt and dont say/do anything stupid.

We need to nationalize this crap already. What good is "innovation" if normal people can't afford it? I agree with the gov't rewarding true breakthroughs, but in my experience it's like "4 percent less chance of relapse versus this other thing. Here it is for more than the average American salary."

[catastrophe]

Certainly the thing will go generic right?

After 20 years or whatever. But there are so many big problems with our medical system that can be fixed by legislation that seems like a pretty poor consolidation.

The drug was first approved in 1998(although it’s still not approved for my condition, only 2 medications are and the second was only approved this past Halloween) and I do get the generic version of it.

Are you saying that your cost is for the generic version? Cause if so that doesn’t really seem like a pharmaceutical POS thing. It must be incredibly hard to make if a bunch of competitors aren’t willing to make a version for even half as much.

[wetwillie]

I think on average generics are 80% cheaper than non generic so this shot thing in non generic form must be a real face melter.