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Democratic mega-win - drug price negotiation results

metis

aged ecumenical anthropologist
"10. 17% of adults with health care debt had to declare bankruptcy or lose their home because of it.
11. 45% of Americans worry a major health event will bankrupt them.
12. Almost 20% of medical bankruptcy filers report prescription drugs as their largest expense.
13. Medical expenses directly cause 66.5% of bankruptcies, making it the leading cause for bankruptcy. Additionally, medical problems that lead to work loss cause 44% of bankruptcies.
14. As of April 2022, 14% of Americans with medical debt planned to declare bankruptcy later in the year because of it.
15. The average monthly household income for filers of medical bankruptcy is approximately $2,600.
16. One in five families who file for medical bankruptcy are military families.
17. The average age of a medical bankruptcy filer is 44.9 years old.
18. Approximately 60% of medical bankruptcy filers have at least some college education."


That's pretty much what I had run across when I looked it up years ago.
 

sun rise

The world is on fire
Premium Member
Those that defend the current system have no answer and don't look for one for the pain & suffering including bankruptcy that the current system causes. All they can do is whine about how any change would impact corporate profits.

The Best Healthcare in the World: Country Rankings has instructive results. By one ranking system our system is worse than Turkmenistan, Iran, Jamaica - we're #69 in fact by one measure. The article said that ranking systems is hard because systems are so different that we wind up with apples/oranges. But they all say that the US system sucks. For example the article said:

The Commonwealth Fund regularly ranks the best healthcare in the world. The United States has come in last in 2006, 2007, 2010, 2014, 2017, and 2021.​
Key Findings: "The top-performing countries overall are Norway, the Netherlands, and Australia. The United States ranks last despite spending far more of its gross domestic product on health care. The U.S. ranks last on access to care, administrative efficiency, equity, and health care outcomes, but second on care process measures."​
Finally and I'll bet this is not much if any of a surprise, the ranking of better healthcare systems by state are"

States With the Best Healthcare Systems
  1. Massachusetts
  2. Hawaii
  3. New Hampshire
  4. Rhode Island
  5. Vermont
States With the Worst-Rated Healthcare Systems
  1. Arkansas
  2. Texas
  3. Oklahoma
  4. West Virginia
  5. Mississippi
 

Shaul

Well-Known Member
Premium Member
Absolute rubbish, yes, we pay taxes, taxes are good.
If you feel taxes are good you should pay more of them.
The NHS is only going bankrupt because of 14-years of bad management; it will be put right by the current government.
NHS has innate structural fiscal problems that won't be solved by the change in governments.
We do not have people going bankrupt because of illness or scared to call an ambulance.
Actually you do. The costs were just shifts from direct cost to cost of taxes. Furthermore because of built in shortages in the NHS you can receive delayed medical service. Which can even cause death. Bankruptcy is better than death.
Our country is civilised, you should try it.
The USA stopped needing any advice from the UK about being civilized in 1776.
 

Altfish

Veteran Member
If you feel taxes are good you should pay more of them.

NHS has innate structural fiscal problems that won't be solved by the change in governments.

Actually you do. The costs were just shifts from direct cost to cost of taxes. Furthermore because of built in shortages in the NHS you can receive delayed medical service. Which can even cause death. Bankruptcy is better than death.

The USA stopped needing any advice from the UK about being civilized in 1776.
You are blind to the good side of socialism.
The NHS is loved in the UK
The NHS was in a good place in 2010, it is less good in 2024. There is an obvious reason.
The delays in treatment are down to right wing ideology and privatisation of elements. They are limited, the NHS still treats the majority, if you can afford it, the private sector still exists here.
The USA may have stopped taking advice in 1776, but it doesn't mean you got it right.
 

sun rise

The world is on fire
Premium Member
If you feel taxes are good you should pay more of them.

NHS has innate structural fiscal problems that won't be solved by the change in governments.

Actually you do. The costs were just shifts from direct cost to cost of taxes. Furthermore because of built in shortages in the NHS you can receive delayed medical service. Which can even cause death. Bankruptcy is better than death.

The USA stopped needing any advice from the UK about being civilized in 1776.
Instead of just attacking the NHS, how about letting us know how you would fix the horrible mess the US health care system is in with extremely high costs and substandard outcomes including bankruptcies? And while you are at it, how about all other first world health care systems? What do you think of them?
 

metis

aged ecumenical anthropologist
If you feel taxes are good you should pay more of them.

In the late 1990's, Sweden came out of a recession and has done well since. When the minister of finance was asked how they accomplished this, he had a two-word answer: higher taxes. If one studies economics, then this can make sense.
 

metis

aged ecumenical anthropologist
You are blind to the good side of socialism.
The NHS is loved in the UK
The NHS was in a good place in 2010, it is less good in 2024. There is an obvious reason.
The delays in treatment are down to right wing ideology and privatisation of elements. They are limited, the NHS still treats the majority, if you can afford it, the private sector still exists here.
The USA may have stopped taking advice in 1776, but it doesn't mean you got it right.

And the same happened in Canada when they adopted the healthcare plan proposed by a Saskatchewan doctor who designed it.
 

Saint Frankenstein

Here for the ride
Premium Member
The drug companies of course hate this with a "purple passion" and the Republicans will do anything their bosses the oligarchs tell them when it comes to economics because profits are their God and Bible but this won't kill reasonable profits but the benefit to us is notable and will help millions https://www.politico.com/news/2024/08/15/cms-releases-prices-for-10-negotiated-drugs-00174021


View attachment 95734
Having health insurance would be more of a win for me! :rolleyes:
 

Saint Frankenstein

Here for the ride
Premium Member
Get on the exchange. healthcare.gov
I don't have any money to pay for health insurance. Stupid Medicaid denied me although I have no income. I go to a public healthcare clinic and have to pay for my meds, but they're generic and at the cheapest prices they can get.

The point is that we need universal healthcare in this backwards country. But even the Dems have given up on that. Both parties are beholden to corporations.
 

Pogo

Well-Known Member
Obama wanted that but even some Dems weren't willing to go that far-- unfortunately.
Hey, the ACA got passed and survived long enough that it is no longer controversial, give it time, there is a large portion of this country that seems to gladly vote against their own interests. Unless this new SCOTUS has some more surprises for us over established law.
 
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