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Making the Most Out of Your Medicare
Medicare is a social safety net program that helps around 56 million Americans. Approximately 83% of these benefiting individuals are at least 65 years old. Some people would argue that it does not offer the tangible feeling benefits of Social Security. It is still equally important over a longer period of time. This is why […]
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Big Pharma’s Elaborate Shell Game
You may have seen it: people standing on city street corners, trying to entice unwitting passersby to play a shell game for a handful of dollars. A game they cannot possibly win. We call these people conmen, but when Big Pharma plays the same shell game with billions of dollars we instead call them businessmen. […]
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Big Pharma’s Defense Doesn’t Add Up
Some people in the United States ask, with skepticism, why the prices of prescription drugs keep climbing at steady rates. The amount of money that goes into the pharmaceutical industry from revenue seems disproportionate when compared to the income of the people who use prescription drugs. There is more than one instance where the price […]
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Big Pharma Paying for Role in Opioid Crisis
A big pharmaceutical company is finally having to pay for some of the misery it has caused. The people behind Purdue Pharma, who many believe are primarily responsible for driving the opioid epidemic in the United States, will have to pay hundreds of millions of dollars to settle a lawsuit related to their illicit marketing […]
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Eli Lilly Lowers Insulin Price, However to Drug is Still Unaffordable for Most
Eli Lilly has been receiving a lot of negative attention in the news lately due to some lawsuits about product safety and kickback schemes, but the big pharma company hopes to get a more positive reaction to their newest statement. The company has announced that they plan to lower the costs of one of their […]
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The Senate Grills Big Pharma Over Price-Gouging But Solves Nothing
On Tuesday, February 26th, a Senate congressional panel lampooned the CEOs of 7 top pharmaceutical giants like Johnson-Johnson, Sanofi, Astra-Zeneca, Bristol-Myers Squibb, Pfizer, for evident price-gouging of their U.S. constituents. Senator Ron Wyden, Committee Chairman Chuck Grassley, Senator Steve Daines, Senator Maggie Hassan, and Senator Johnny Isakson, among others, let the big pharmacy businesses know […]
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Big Pharma Is Paying Patient Advocacy Groups to Oppose Medicare Changes
What’s going on between Big Pharma, Capitol Hill, lobbyists, and the masses? There’s something going on between Big Pharma (major pharmaceutical companies), advocacy organizations, the general public, and lawmakers. For some people the details are a little too foggy, and they feel like the situation is too important to let mystery get involved. The overall […]
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Big Pharma Doctor Payments Tied to Opioid Deaths
The opioid crisis has been a constant in the news lately. Thousands of people all across the country have died from overdoses of a wide variety of opioid painkillers. Individuals become addicted and turn to crime to fuel their addiction. This widespread phenomenon is so complex that politicians and policymakers have had a hard time […]
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Medical Researchers Hide Funding from Big Pharma
Introduction The life of today is filled with so many ups and down, and the medical world is one that’s suffered a huge blow. Some issues have now gotten out of hand. One of the most pressing issues that is still being investigated is the case of doctors and scientists concealing the funding from big […]
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A New Threat to Big Pharma
A small, obscure research firm, The Institute for Clinical and Economic Review (ICER), may be the biggest new threat to Big Pharma to date. ICER researches and evaluates medications and then reports on whether effectiveness matches price. Already New York’s Medicaid program is using ICER research to negotiate price cuts with Big Pharma. The question […]
