Thu, Apr 24, 2014, 12:33 PM EDT - U.S. Markets close in 3 hrs 27 mins

Recent

% | $
Quotes you view appear here for quick access.

Pfizer Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • ni4h ni4h Mar 7, 2005 12:42 PM Flag

    Cost of Drugs

    I am retired. The company I worked for went bottom up and I lost my insurance. None of the insurances will sell us coverage since we both have had problems in the past. My wife's meds are $3500.00 each year. Canada is $1400.00 for same meds from same factory (PFE). All meds are in factory sealed containers. I must do what I have to do.
    V

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Your meds are cheaper in Canada because drug manufacturers are subsidizing socialized medicine.

      In other words, you are preying on an imbalance resulting from flaws in Canadian commerce; a loophole in a socialized system. It would be like you going to Iraq and buying a 50 lb bag of rice, dropped from an American helicopter, for 3 cents.

      At some point, it will equalize. There is nothing stopping manufacturers from raising prices to Canada; when that happens, the Canadians will get angry enough to stop whats happening.

      So, in effect, the Canadian population is paying for your medicine, in a sort of roundabout way, through their tax payments and the government's payments vis a vis socialized medicine.

      • 5 Replies to mr_bloodfart
      • *Your meds are cheaper in Canada because drug manufacturers are subsidizing socialized medicine*


        umm nooo. The American CONSUMER is subsidizing socialized medicine.

        *In other words, you are preying on an imbalance resulting from flaws in Canadian commerce; a loophole in a socialized system.*

        umm you really don't know what your talking about do you?

        *At some point, it will equalize*

        probably not.

        *There is nothing stopping manufacturers from raising prices to Canada; *

        you really have NO clue do you?


        *So, in effect, the Canadian population is paying for your medicine, in a sort of roundabout way, through their tax payments and the government's payments vis a vis socialized medicine. *

        LMAO!

      • The cost of drugs would be lowered by PFE firing most of its tens of thousands of $200,000 sales force and using the Dell model--go direct.

        Doctors would study the value of medications online or use the recs of their own professional organizations. Think of the cost savings by firing every last Lipitor salesperson. The doctors have access to every new and old piece of info on the drug without another dime being spent on salesperson costs.

      • Besides being an asshole, you're also an idiot!

      • "So, in effect, the Canadian population is paying for your medicine, in a sort of roundabout way, through their tax payments and the government's payments vis a vis socialized medicine."
        _____________________________________________________________

        What a jackass you are. Neither the Canadian citizen nor the Canadian government subsidizes Americans' purchases. The drug companies sell to Canadian wholesalers at about 60% of the sale price to American wholesalers. They do this because the cost of production of a pill is about 15% of American retail (therefore they still make a great margin.)

        What's stopping the drug companies from raising prices in Canada is that the Canadian government will tell them to piss up a rope and start buying generic equivalents from India for a lot less than they're paying now.

 
PFE
30.72-0.20(-0.66%)12:32 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.