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Thursday, July 16, 2015

4 Ways Big Pharma Is Ripping You Off

America spends more than any other country on healthcare, yet ranks last in health quality among developed nations.

Why is this?

Much of it can be blamed on our system of administering prescription drugs.

Prescription medications make up close to 10 percent of the $2.9 trillion annual total spent on healthcare in the U.S., and the costs of drugs continues to rise.

Your health may not be the first priority of big pharmaceutical companies, whose shareholders demand maximum profits.

“Physicians are by and large really goodhearted, well-meaning people, but without knowing it, they are simply being herded into recommending what is most profitable,” says Jacob Teitelbaum, M.D., a board certified internist and author of the best-selling book "Real Cause, Real Cure."

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1 comment:

Anonymous said...

If they stopped spending so much on advertising - to make people want their special drug for that special problem, they could reduce the cost to the consumers that really need it.

Kinda like tobacco ads - we got rid of them from TV - how about big Pharma?!