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Originally Posted by Schneed10
Ugh. I'd love to go toe to toe with this douchebag in a healthcare debate.
First I gotta say that the American healthcare system is pretty busted up. But you can't blame the HMOs or the drug companies for that as Moore does in his film. The HMOs don't pull mad profits from their business. It's a low-margin business.
I can see an argument against pharmaceutical companies to some extent, because they pull in massive profits. But you can't get all up in arms about one particular drug costing an insane amount of money. People like to say oh well that drug only costs $10 to make and they're charging $100 for it. Well that's because they spent $80 researching other possible drugs and vaccines that were deemed either ineffective or unsafe by the FDA. Pharmeceutical R&D is a huge expense and has to be factored into the equation for the drugs that do actually make it to the market.
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ALL insurance companies have big time profit margins. should i start by posting links to the salaries of the ceos? insurance is almost bordering the pyramid schemes, where they want your money, but you play hell getting yours if something happens. if your looking for pity for the mega money insurance giants, your looking the wrong way. and this lies the problem. why should the same procedure have 3 different costs, for 3 different people/ its how they balloon their profits. no one in that business goes hungry. and the lobbyists in Washington are some of the richest, most powerful in the world.