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  • You put in price controls and guess what happens?

    From ScottW@21:1/5 to All on Sun Jun 4 08:55:24 2023
    https://abcnews.go.com/Health/cancer-drug-shortage-forcing-doctors-decide-patients-treatment/story

    "All these drugs that we have shortages in, they're all generic, old chemotherapy drugs that are fairly cheap as it relates to cancer drugs," Dr. Hanna Sanoff, a gastrointestinal medical oncologist at the University of North Carolina's Lineberger
    Comprehensive Cancer Center, told ABC News. "And so, the economic margin here is just much smaller for the drug manufacturers."

    Doctors say there are a number of factors behind the nationwide shortage including low profit margins for generic versions of these drugs as well as labor and supply chain issues.
    (Not sure how they think labor and supply chain issues aren't tied to "low profit margins")

    And their long term fix?
    "giving incentives for generic drugmakers".
    Let the market set a higher price and manufacturers will make it.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Sun Jun 4 14:44:19 2023
    On 6/4/23 10:55 AM, ScottW wrote:
    https://abcnews.go.com/Health/cancer-drug-shortage-forcing-doctors-decide-patients-treatment/story

    "All these drugs that we have shortages in, they're all generic, old chemotherapy drugs that are fairly cheap as it relates to cancer
    drugs," Dr. Hanna Sanoff, a gastrointestinal medical oncologist at
    the University of North Carolina's Lineberger Comprehensive Cancer
    Center, told ABC News. "And so, the economic margin here is just much
    smaller for the drug manufacturers."

    Where are the price controls from your subject line?

    Doctors say there are a number of factors behind the nationwide
    shortage including low profit margins for generic versions of these
    drugs as well as labor and supply chain issues. (Not sure how they
    think labor and supply chain issues aren't tied to "low profit
    margins")

    Those affect availability. If the component ingredients aren't there,
    the drug can't be manufactured at any price.

    And their long term fix? "giving incentives for generic drugmakers".
    Let the market set a higher price and manufacturers will make it.

    You've stumbled upon a problem of for-profit healthcare.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Sun Jun 4 14:08:47 2023
    On Sunday, June 4, 2023 at 12:44:27 PM UTC-7, mINE109 wrote:
    On 6/4/23 10:55 AM, ScottW wrote:
    https://abcnews.go.com/Health/cancer-drug-shortage-forcing-doctors-decide-patients-treatment/story

    "All these drugs that we have shortages in, they're all generic, old chemotherapy drugs that are fairly cheap as it relates to cancer
    drugs," Dr. Hanna Sanoff, a gastrointestinal medical oncologist at
    the University of North Carolina's Lineberger Comprehensive Cancer
    Center, told ABC News. "And so, the economic margin here is just much smaller for the drug manufacturers."
    Where are the price controls from your subject line?

    You don't listen to Joe anymore? I don't blame you.

    ScottW
    Doctors say there are a number of factors behind the nationwide
    shortage including low profit margins for generic versions of these
    drugs as well as labor and supply chain issues. (Not sure how they
    think labor and supply chain issues aren't tied to "low profit
    margins")
    Those affect availability. If the component ingredients aren't there,
    the drug can't be manufactured at any price.

    Oh yeah....those components just magically appear and aren't manufactured as well.
    Moron.

    And their long term fix? "giving incentives for generic drugmakers".
    Let the market set a higher price and manufacturers will make it.
    You've stumbled upon a problem of for-profit healthcare.

    The problem is readily apparent in socialized healthcare.
    Ever try to get a knee replacement in Canada?

    I'm not saying there aren't issues in medical supply. Our pharma consumption has subsidized the entire worlds supply to some degree.
    But the result of pulling the plug on that and invoking price cuts by
    the largest insurer of them all...medicare....was easily foreseeable.
    But Joe didn't care. He just wanted the political talking point and we'll all have to live....or not...with the consequences.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Art Sackman@21:1/5 to All on Sun Jun 4 20:59:05 2023
    On Sunday, June 4, 2023 at 3:44:27 PM UTC-4, mINE109 wrote:
    On 6/4/23 10:55 AM, ScottW wrote:
    https://abcnews.go.com/Health/cancer-drug-shortage-forcing-doctors-decide-patients-treatment/story

    "All these drugs that we have shortages in, they're all generic, old chemotherapy drugs that are fairly cheap as it relates to cancer
    drugs," Dr. Hanna Sanoff, a gastrointestinal medical oncologist at
    the University of North Carolina's Lineberger Comprehensive Cancer
    Center, told ABC News. "And so, the economic margin here is just much smaller for the drug manufacturers."
    Where are the price controls from your subject line?
    Doctors say there are a number of factors behind the nationwide
    shortage including low profit margins for generic versions of these
    drugs as well as labor and supply chain issues. (Not sure how they
    think labor and supply chain issues aren't tied to "low profit
    margins")
    Those affect availability. If the component ingredients aren't there,
    the drug can't be manufactured at any price.
    And their long term fix? "giving incentives for generic drugmakers".
    Let the market set a higher price and manufacturers will make it.
    You've stumbled upon a problem of for-profit healthcare.

    Profit begets innovations, discoveries, and supplies to meet market demand.

    You getz whatz you pay for!

    profit is GOOD, not evil.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to Art Sackman on Mon Jun 5 09:18:25 2023
    On 6/4/23 10:59 PM, Art Sackman wrote:
    On Sunday, June 4, 2023 at 3:44:27 PM UTC-4, mINE109 wrote:
    On 6/4/23 10:55 AM, ScottW wrote:

    Let the market set a higher price and manufacturers will make it.
    You've stumbled upon a problem of for-profit healthcare.

    Profit begets innovations, discoveries, and supplies to meet market demand.

    You getz whatz you pay for!

    profit is GOOD, not evil.

    Is that why government funds research but big pharma gets the profits?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From mINE109@21:1/5 to ScottW on Mon Jun 5 09:40:10 2023
    On 6/4/23 4:08 PM, ScottW wrote:
    On Sunday, June 4, 2023 at 12:44:27 PM UTC-7, mINE109 wrote:
    On 6/4/23 10:55 AM, ScottW wrote:
    https://abcnews.go.com/Health/cancer-drug-shortage-forcing-doctors-decide-patients-treatment/story

    "All these drugs that we have shortages in, they're all generic, old
    chemotherapy drugs that are fairly cheap as it relates to cancer
    drugs," Dr. Hanna Sanoff, a gastrointestinal medical oncologist at
    the University of North Carolina's Lineberger Comprehensive Cancer
    Center, told ABC News. "And so, the economic margin here is just much
    smaller for the drug manufacturers."
    Where are the price controls from your subject line?

    You don't listen to Joe anymore? I don't blame you.

    Dr. Sanoff isn't Joe.

    Doctors say there are a number of factors behind the nationwide
    shortage including low profit margins for generic versions of these
    drugs as well as labor and supply chain issues. (Not sure how they
    think labor and supply chain issues aren't tied to "low profit
    margins")
    Those affect availability. If the component ingredients aren't there,
    the drug can't be manufactured at any price.

    Oh yeah....those components just magically appear and aren't manufactured as well.
    Moron.

    You're so quick to insult me you're saying nonsense.

    And their long term fix? "giving incentives for generic drugmakers".
    Let the market set a higher price and manufacturers will make it.
    You've stumbled upon a problem of for-profit healthcare.

    The problem is readily apparent in socialized healthcare.
    Ever try to get a knee replacement in Canada?

    https://www.bmj.com/content/356/bmj.j1131

    "CONCLUSION Current practice of total knee replacement as performed in a
    recent US cohort of patients with knee osteoarthritis had minimal
    effects on quality of life and QALYs at the group level. If the
    procedure were restricted to more severely affected patients, its
    effectiveness would rise, with practice becoming economically more
    attractive than its current use."

    Looks like there are too many US useless knee replacements enriching
    orthopedic surgeons.

    I'm not saying there aren't issues in medical supply.

    You're just saying they would all disappear given high enough margins.

    Our pharma consumption has subsidized the entire worlds supply to some degree.
    But the result of pulling the plug on that and invoking price cuts by
    the largest insurer of them all...medicare....was easily foreseeable.

    What result was that? Medicare prices have nothing to do with labor and
    supply chain issues for ingredients.

    But Joe didn't care. He just wanted the political talking point and we'll all
    have to live....or not...with the consequences.

    Easier to live with affordable drugs.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ScottW@21:1/5 to All on Mon Jun 5 13:38:49 2023
    On Monday, June 5, 2023 at 7:18:27 AM UTC-7, mINE109 wrote:
    On 6/4/23 10:59 PM, Art Sackman wrote:
    On Sunday, June 4, 2023 at 3:44:27 PM UTC-4, mINE109 wrote:
    On 6/4/23 10:55 AM, ScottW wrote:

    Let the market set a higher price and manufacturers will make it.
    You've stumbled upon a problem of for-profit healthcare.

    Profit begets innovations, discoveries, and supplies to meet market demand.

    You getz whatz you pay for!

    profit is GOOD, not evil.
    Is that why government funds research but big pharma gets the profits?

    Last I read Fauci was getting paid by pharma for his research from profits.

    ScottW

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)