Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Prescription Drug Madness

March 11, 2014

EXPENSIVE DRUGS

Read this.  I’m months late suggesting it — the flight attendant didn’t even want my New York Magazine, when she saw it was dated October 28 — but the price of many drugs really is insane.  And, yes, we do need a wonderfully profitable drug industry to inspire continued research and the extraordinary expense of human trials . . . but we’ve gone a little crazy.

As noted in the article, if a drug extends a cancer patient’s life by a day and costs $1 million it would be criminal to to ask our fellow insureds to pay for it — while if that same drug extended life a month and cost $1, it would be criminal not to prescribe it.   So there’s got to be some balance.

No one can say where that balance should be in any given instance — reasonable people can differ — but my guess is that when you read the article you will decide we’ve drifted out of the range of reasonableness.

More examples tomorrow.

CHEAP HEALTH CARE

Obamacare works — particularly if you’re a woman.  Behold Planned Parenthood’s infographics.

HE’S OLD – BUT CAN HE PARK!

Enjoy.

 

 

Post navigation

← The 50-Cent Microscope
Rare Colorized Photos →

Quote of the Day

"If the Bank runs out of Money, it may issue as much Money of its own as it may need by merely writing on any ordinary paper."

The Rules of Monopoly, Parker Brothers, Inc.

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • There WAS No Cherry Tree

    July 7, 2025
  • "The Most Popular Bill Ever Signed In The History Of Our Country"

    July 6, 2025
  • Unbelievably Bad -- Literally

    July 4, 2025
  • Repeal The Steal

    July 2, 2025
  • Our Record-High Stock Market

    June 30, 2025
  • Stuffing The Goose

    June 30, 2025
  • Yes! (Plus A Bonus)

    June 29, 2025
  • How Does THAT Make You Feel . . .

    June 27, 2025
  • Randi, David, Ken, and HYMC

    June 26, 2025
  • Six Links For Your Consideration

    June 25, 2025
Andrew Tobias Books
  • Facebook
  • Twitter
©2025 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams