Michael A. Smith - What’s Bankrupting Our Healthcare System?
March 29, 2012 Healthcare corruption is bankrupting our country. In this post, we’ll expose three forms of corruption that, if addressed immediately, could actually save us billions of dollars a year. We know how to fix the problem.
The question is will we fix the problem?
Healthcare Corruption #1: Skyrocketing Drug Prices
Prescription drugs cost too much. Now there’s many reasons for this, but our founder William Faloon believes one major reason is Big Pharma’s attack on generic drugs. These billion dollar companies use disgusting methods to inflate drug prices by filing frivolous lawsuits against generic drug makers.
What this ultimately accomplishes is the delay of cheaper, yet safe and effective generic versions of drugs from reaching the market. Each day a court delays the approval of a lower-cost generic, which can enable a pharmaceutical company to earn millions of dollars in illicit revenue.
Read More:
http://blog.lef.org/2012/03/whats-bankrupting-our-healthcare-system.html
