RE: The Monetary Paradox: See What Happens When Saving Lives Is A Business?
I just saw a video the other day ...ProPublica? I think? ...was the site who made it. Anyway, they were discussing how pharmaceutical companies make more money through waste. Their two examples were any kind of eyedrop medicine: the drops are too big for any human eye to hold (which is why you get runoff even when you didn't miss). They developed a "micro drop" that works and is the right amount, but didn't ever use it because then they'd loose 50% of their income on wasted eyedrops. And we're not just talking Visine, we're talking expensive prescription glaucoma medicine. The second example was chemo drugs. There was this one that USED to be available in a multi-dose vial, that is, the doctor/nurse could withdraw the amount one patient needed, then withdraw the amount for another patient, etc. Now they are in single-dose vials, which means unless you are in the top percentile of size of patients (because dosage is based on patient size) , a good chunk, maybe half, of that vial gets literally tossed in the trash. That vial that costs $8000 or so.
It's so sickening.
I hear you, the medical field is a full fledged mafia today, no doubt about that. Check out the 4 headlines I added, they are previous blogs worth your time... unless you scrolled down my page and found them already.
The monetization of health is the last frontier and the evidence that monetarism is a huge issue that will need to be addressed. The quest for profit is killing the planet. Vaccines are too a huge topic... as said the list is non exhaustive... it is really bad out there.
Thanks for your attention
This is what happens when government gets involved in health care, lots and lots of waste. Healthcare is the most heavily regulated sector of the economy. Thanks Obama.