The Price Of Medication Going Up

Tonight on NBC Nightly News, they shared a story about prescription drug prices and the fight between insurance companies and pharmaceutical corporations to cut costs for prescriptions. As the pharmaceutical industry increases prices on drugs people need to survive, everyone is trying to find ways to save money, including Insurance companies.

Congress can act like they’re offended and concerned about the greed being shown by pharmaceuticals. But let’s face it, IF they do anything about it, it won’t help us afford our necessary medications for several years to come. Those average citizens who have a terminal disease can literally be put in the position of choosing life or death because they can’t afford their prescriptions. Those people who have a disease that can be managed, like diabetes, may also be forced into that same position because of the cost of their maintenance drugs.

Now the insurance companies are making a case that they’re trying to “help” us average citizens by forcing the pharmaceutical industry to lower its prices on commonly used medications. Ok, I can understand the concept. If you want to force any industry into lowering its prices, hit them where it hurts most, in their bottom line. But at the same time, you know the insurance companies are doing the same thing to customers that big pharma is doing.  Continue reading →