Obama Medicare rebate plan could hurt drug companies

Feb 13, 2013 | Posted by: roboblogger | Full story: Reuters

President Barack Obama's decision to spotlight drug rebates as a way to save money on Medicare is likely to be opposed by the pharmaceutical industry, which could potentially lose billions of dollars in profits.

Comments
21 - 40 of 64 Comments Last updated Feb 20, 2013

Since: Oct 08

Alpharetta, GA

#21 Feb 14, 2013
I wanna know why viagra costs $25 per pill? I'm dating a bi-polar alcoholic nymphomaniac, and the cost of the vodka and viagra is killing me.
fatbacks x

Portland, OR

#22 Feb 14, 2013
inbred Genius wrote:
I wanna know why viagra costs $25 per pill? I'm dating a bi-polar alcoholic nymphomaniac, and the cost of the vodka and viagra is killing me.
She must be up in years! Can her and get ya a good looking 22 year old, with a job. Then all you'll need is a bag of crank for yourself. Pretty cheap if you got a good bartender or live in the po' south.
No Thanks Obama

New York, NY

#23 Feb 14, 2013
inbred Genius wrote:
I wanna know why viagra costs $25 per pill? I'm dating a bi-polar alcoholic nymphomaniac, and the cost of the vodka and viagra is killing me.
I'm pretty sure she's collecting Social Security Disability, because mental illness IS the new bad back. You'd think that or Food Stamps would cover at least the vodka.

Since: Oct 08

Alpharetta, GA

#24 Feb 14, 2013
fatbacks x wrote:
<quoted text>She must be up in years! Can her and get ya a good looking 22 year old, with a job. Then all you'll need is a bag of crank for yourself. Pretty cheap if you got a good bartender or live in the po' south.
I've thought about that, but the thought of having to teach a younger woman about vietnam, the Beatles, Watergate, Woodstock etc...and to have her tell me about the backstreet boys and beyonce and the Kardashians just bores me to death.

Since: Oct 08

Alpharetta, GA

#25 Feb 14, 2013
No Thanks Obama wrote:
<quoted text>I'm pretty sure she's collecting Social Security Disability, because mental illness IS the new bad back. You'd think that or Food Stamps would cover at least the vodka.
I think she just likes my red sports car, no limit credit card, and vasectomy.

“Headed toward the cliff”

Since: Nov 07

Tawas City, Michigan

#26 Feb 14, 2013
au contraire wrote:
<quoted text>Show me one company in the world that netted trillions in profits........waiting. By the way, your class envy is showing.
Obviously I was referring to the combined profits of Big Pharma, Big Oil, & Big Coal.

It's not class envy; they can make as much profit as they can.

However that doesn't mean they should continue to get taxpayer welfare in addition to their profits.
Far Away

Anchorage, AK

#27 Feb 14, 2013
American_Infidel wrote:
<quoted text>
"Profit" is like the F word to most liberals.
I think they'd more liken profit to a 'hate' crime.

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#28 Feb 14, 2013
WeTheSheeple wrote:
<quoted text>
Obviously I was referring to the combined profits of Big Pharma, Big Oil, & Big Coal.
It's not class envy; they can make as much profit as they can.
However that doesn't mean they should continue to get taxpayer welfare in addition to their profits.
Yep, that's close enough to saying admitting you lied.
Dan Salazar

Long Beach, CA

#29 Feb 14, 2013
Who cares? They are businesses and everyone knows Obama is viciously anti business. Reducing the quality and availability of the Health care for America's non Union families is the cornerstone of Pelosi's Bill.
No Thanks Obama

New York, NY

#30 Feb 14, 2013
inbred Genius wrote:
<quoted text>
I think she just likes my red sports car, no limit credit card, and vasectomy.
Well, you'll know she's a Democrat if she only redistributes the money from YOUR pockets.
No Thanks Obama

New York, NY

#31 Feb 14, 2013
Dan Salazar wrote:
Who cares? They are businesses and everyone knows Obama is viciously anti business. Reducing the quality and availability of the Health care for America's non Union families is the cornerstone of Pelosi's Bill.
Get ready for the complaints to pour in when the middle class wakes up in 2014. This will be because their companies cut the quality of their health insurance coverage or drop their families from coverage. Families DO NOT have to be covered under ObamaCare law, only the employees. And most middle class will not qualify for government subsidies under this provision.
Sheik Yerbouti

Pennington, NJ

#33 Feb 14, 2013
The law was written by the drug and insurance companies and presented by republicrat max baucus. Once baucus took control and meaningful reform was impossible. baucus has taken over $4 million in 'contributions' from drug and insurance companies.

“When the going gets tough”

Since: Mar 09

Stay the (GOLF) Course .FORE!!

#34 Feb 14, 2013
Far Away wrote:
<quoted text>
I think they'd more liken profit to a 'hate' crime.
True!!

“When the going gets tough”

Since: Mar 09

Stay the (GOLF) Course .FORE!!

#35 Feb 14, 2013
Sheik Yerbouti wrote:
The law was written by the drug and insurance companies and presented by republicrat max baucus. Once baucus took control and meaningful reform was impossible. baucus has taken over $4 million in 'contributions' from drug and insurance companies.
Credible link?

“Forever Is Promised To No One”

Since: Nov 12

Location hidden

#36 Feb 14, 2013
American_Infidel wrote:
<quoted text>
Credible link?
Don't hold your breath unless you look good in purple.
conservative crapola

Reading, PA

#37 Feb 14, 2013
au contraire wrote:
<quoted text>
Everyone is holding their breath waiting for teabooger to stop taking more money from DC than they pay into it. Okiehomo, for example, grifts $1.64 from DC for every $1. they send. When will coburn and the okie red state grow a backbone?

“When the going gets tough”

Since: Mar 09

Stay the (GOLF) Course .FORE!!

#38 Feb 14, 2013
au contraire wrote:
<quoted text>Don't hold your breath unless you look good in purple.
LOL!!
conservative crapola

Reading, PA

#40 Feb 14, 2013
au contraire wrote:
<quoted text>
BREAKING: lejimslob still not ready to give up his candy.

Since: Mar 09

The Left Coast

#41 Feb 14, 2013
But AARP and big Pharma got obamacare passed. WTF. Somebody besides the middle class got screwed?

Since: Dec 07

Spring, TX

#42 Feb 14, 2013
tha Professor wrote:
<quoted text>
Righties, OTOH, fall on their knees and lick its boots the way they do everything concerning their beloved corporate capitalism.
Wrong once again, poofesor!

Over the last year, the Energy and Commerce Committee has taken Nancy Pelosi’s advice to see what’s in the Affordable Care Act and how it passed. The White House refused to cooperate beyond printing out old press releases, but a dozen trade groups turned over thousands of emails and other files. A particular focus is the drug lobby, President Obama’s most loyal corporate ally in 2009 and 2010.

The business refrain in those days was that if you’re not at the table, you’re on the menu. But it turns out Big Pharma was also serving as head chef, maître d’hotel and dishwasher. Though some parts of the story have been reported before, the emails make clear that ObamaCare might never have passed without the drug companies. Thank you, Pfizer.

Now google how much stock in big pharm nancy and hubby own....go ahead I double dog dare you!

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