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Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

mattstoller.substack.com

251–260 of 595 posts

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#252

Big pharma is significantly less of a problem than the physician and hospital cartels. I have no idea why these groups have survived scrutiny for their literal multi-hundred million dollar lobbying/bribery of politicians. My closest guess is that we all know "My" physician or a well paid nurse that benefits from the bribery.

I have a medical condition with no cure, yet I still have to pay a doctor every 6 months to keep my prescription with no changes. Total racket.

My contact lens prescription is similar.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#253
post #174

Earlier quoted context omitted.

I’ve actually tried to “shop around” for hospitals and it’s basically impossible. Just about everything is hidden behind some barrier and there’s just no way to effectively compare prices. Additionally, you really have no idea what products or services you’ll end up receiving while at the hospital. Most importantly, ALL of this planning and sense of choice goes out the window when you have a true emergency. When that…

Not to mention that for scheduled procedures nearly every doctor will require their own imaging for 40-50k a pop at list price before even discussing treatment options and cost.

What kind of imaging? That seems really high.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#254

Earlier quoted context omitted.

It’s the entire model to Kaiser Permanente, so it’s working for someone.

It’s the entire model It is part of large complicated model. If it was their entire model they wouldn't be operating medical offices and hospitals. It is the whole package that helps them control costs.

[deleted]

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#255

Is he really in a position to keep doing this? Biden recorder the most votes in history, while winning the fewest counties. That's a head scratcher. The fact remains most of the geographic area of the country voted red. If he keeps this up, states are going to start ignoring his executive orders. That's not how democracy is supposed to work. Laws get passed by legislature, not by dictate of the King.

> Biden recorder the most votes in history, while winning the fewest counties. Say what now? That doesn’t seem right.

"Biden won 81 million votes and 509 counties in the Nov. 3 election, while Trump won 74 million votes and 2,547 counties, according to data aggregated by think tank the Brookings Institute. Obama won 69 million votes and 873 counties in 2008. " https://www.usatoday.com/story/news/factcheck/2020/12/23/fac...

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#256
post #90

Earlier quoted context omitted.

I’m not sure what your point is. These contracts between seller and merchant were voluntary. There are other hospitals available should you choose, and if not then you have no one to blame but yourself.

I love how conservatives still make this argument. You're arguing for the free market in a system that literally isn't, and doing it in such a way that it tries to be a thought-terminating cliche. If you get into a car accident tomorrow driving to work, the ambulance/paramedics aren't going to ask you to do your research prior to shuttling you to a hospital to get life saving treatment. Even if you could how would yo…

> and even "fathers" of the theory understood that and acknowledge the need for regulation when its absent.

I would emphasize that traditional forms of conservatism were never opposed to all regulation and never embraced this libertarian worship of the unregulated market. They were opposed to collectivism, but the only remaining option isn't radical individualism. Neither are good for the individual or for society.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#257

Big pharma is significantly less of a problem than the physician and hospital cartels. I have no idea why these groups have survived scrutiny for their literal multi-hundred million dollar lobbying/bribery of politicians. My closest guess is that we all know "My" physician or a well paid nurse that benefits from the bribery.

I have a medical condition with no cure, yet I still have to pay a doctor every 6 months to keep my prescription with no changes. Total racket.

Have you considered stocking up at the Mexican border? So many things are available over the counter in Mexico its awesome.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#258

Earlier quoted context omitted.

Drug companies spend more on marketing than on R&D. Much of the research is done with grants and government money. The vast majority of medical devices use the 510K process for approval, which means they are substantially similar to existing device (to bypass testing). Sure some protection is necessary. You could make it based on development costs and have much shorter times for things that were cheap to do. "maybe t…

Drug companies are just similar to software in that regard. They acquire a bunch of companies that do basic R&D and get drug pipelines. Those founders get rich because they have patent protection. Just look at biosimilars for a taste of what might happen without patent protections. I am more familiar with the 510(k) that most people are. It bypasses some testing, but there is still a fair amount of work. It has nothi…

510K is faster and cheaper in regards to studies given that it doesn't necessarily require human data nor clinical trials, which can be fairly large costs.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#259

Earlier quoted context omitted.

It’s the entire model to Kaiser Permanente, so it’s working for someone.

It’s the entire model It is part of large complicated model. If it was their entire model they wouldn't be operating medical offices and hospitals. It is the whole package that helps them control costs.

It is my understanding that obligatory routine care is a major component of Kaiser’s model. In the experience of those I know who use Kaiser, effectively, if they come in for something and their routine checkups are out of date, they’re obligated to get that routine checkup (at the same time due to streamline of service), before they can get what they came in for.

From this, I derived the argument that routine checkups are a *major* component of Kaiser’s system, to the point that, given the flow of discussion, I felt it appropriate to call it “their whole model”. I’m sorry my hyperbole was too far.

Re: Biden launches action on "Big Tech, Big Pharma, and Big Ag" – can it be real?

#260

Big pharma is significantly less of a problem than the physician and hospital cartels. I have no idea why these groups have survived scrutiny for their literal multi-hundred million dollar lobbying/bribery of politicians. My closest guess is that we all know "My" physician or a well paid nurse that benefits from the bribery.

I have a medical condition with no cure, yet I still have to pay a doctor every 6 months to keep my prescription with no changes. Total racket.

Having a doctor verify that you're not having any issues with your prescription medication is pretty normal.

Maybe you can find someone that'll do telehealth.

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