For Discussion: Q: How To Cut Costs and Improve Medical Care. A: Symptom amelioration drugs should never be given patent protection and should never be paid by insurance or government.
Posted by freedomforall 2 years, 11 months ago to Ask the Gulch
Big Pharma gets most profits for drugs (paid for by government and insurance) that deal with symptoms. The industry appears to avoid cures at all costs (possibly because profits are lower.)
How to change the rules to encourage Big Pharma and the Medical Care Industry To Provide Cures, Not Just Treat Symptoms?
Symptom amelioration drugs should never be given patent protection and should never be paid by insurance or government. Only treatments that are proven cures (without side effects) should have patent protection and increased profit incentives.
That might force pharma to find cures to get big profits, and would put the lowered costs of symptom treatment directly on the patient.
Any other ideas?
How to change the rules to encourage Big Pharma and the Medical Care Industry To Provide Cures, Not Just Treat Symptoms?
Symptom amelioration drugs should never be given patent protection and should never be paid by insurance or government. Only treatments that are proven cures (without side effects) should have patent protection and increased profit incentives.
That might force pharma to find cures to get big profits, and would put the lowered costs of symptom treatment directly on the patient.
Any other ideas?
Previous comments... You are currently on page 3.
Example might be diabetes type 2. No cure, but the companies making the symptom reducers would now get a lot of more lucrative business from the patients than they do now from the insurance companies. Therefore, there would just be less research on cures than there is now.
The ONLY way to do that is to REQUIRE that payments come from the patient/buyer. ALL Insurance $ to patient, ALL decisions from patient, ALL payments from patient. NO insurance network deals. Insurance pays same, regardless of patient choice...even is no service is selected. Want to set your own broken bone, or skip other service, fine. Pocket the money. NOTHING free. People seeing and paying the actual costs can make their own decisions, and will drive the market.
If the idiots in government do anything, they should just provide information to the patients to aid in decision making, statistics and market pricing.
For medications, my solution is simple: New law "You can sell you meds for whatever you want, but the price in the US MUST be less than 10% higher than the lowest price ANYWHERE else, period." We will no longer subsidize the world. You can give medication away, but you can not sell it less than 90% the price in the US. This is market intrusion, but it is nationalistic, and destroys an abuse. END of ISSUE.
These two, drive all the cost out of the medical industry. It is not even complicated.
https://www.galtsgulchonline.com/post...
As usual, government created a problem.
Removing (or greatly limiting) the patent protection in this area can make that business
model less profitable and make investing in cures the favorable choice - since it's obvious
that the industry won't change to be ethical without some encouragement.
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