Why do perscriptions cost so much?!
Question: This is my story:
So, I recently got my MaineCare insurance taken away because I turned 18. I use MaineCare to pay for my birth control perscription. So, until I re-apply for MaineCare I guess I just have to pay for my birth control. (by the way, I use the patch) Today I went to get my perscription and it cost me a whopping $51. WHY!?!
Answers: This is my story:
So, I recently got my MaineCare insurance taken away because I turned 18. I use MaineCare to pay for my birth control perscription. So, until I re-apply for MaineCare I guess I just have to pay for my birth control. (by the way, I use the patch) Today I went to get my perscription and it cost me a whopping $51. WHY!?!
Because the Pharmaceutical Industry spent a lot of money in investments to scientifically figure out if this drug works, why it works, what are the side affects and so on. At the end of the day many drugs never see the market and are thrown away after millions of dollars and years of work. So when they find one that works and it goes through trials and FDA, you are not only paying for the drug you take, but for those that fell by the wayside and never made it. Good Luck
PS you might like to know that Viagra, was a new drug to control blood pressure, only when it got to trial stage it failed to control blood pressure. At that stage they were ready to bin it and start again! However one of the side affects was noted and so they thought: is their a demand for this product? Answer yes, so they capitalized on it, but not for blood pressure.
Big Pharma has us by the short hairs. They charge that much because they can.
They'll say it's because it costs a lot of money to bring a drug onto the market, but they could easily recoup their losses/make a profit with lower prices.
Of course, if we had national health care this wouldn't be a problem, but that's another topic.