Pharmecutical Companies: Are they overcharging?

There argon many different takes on whether or non the pharmaceutical companies are over charging for their products. I go away address both sides briefly and then give my final opinion. For the pharmaceutical companies: The pharmaceutical companys value margins are not as blue(a) as some would establish a bun in the oven us believe. Compared to other industries merchandising to the general public thither part of receipts is a hand out(prenominal) lower. For example Microsofts make as a portion in cc2 was 36.6 and Pixars was about 44%. The leader in the pharmaceutical sedulousness on percent net profit was Pfizer with a profit of about 28%, and the lowest of these was Bristol-Meyers-Squibb with a percent profit of about 12%. When comparing the total toll of manufacturing and the percent of profit the pharmaceutical companies are re notwithstandingy not gaining that much profit (http://my.webmd.com/ glut/pages/19/103976.htm). Against the Pharmaceutical com panies: The pharmaceutical companies have been involved with charge gouging. The companies have been reporting the cost of the drugs themselves and similarly offer perks to those doctors who will prescribe their drugs. For example, when the government is deciding what to pay the companies for patients with a drug plan, the government promises the cost of the drug negatively charged 12%. However, there is no watchdog reporting the cost of the drugs to the discipline data base, only the pharmaceutical companies themselves. Furthermore, we have either been to the doctor. perpetually seen those pens, tissue boxes, note pads, and bags? Those were all given to them by the retailer. Furthermore, have you ever been given a sample cater by your doctor? Those were free to the office as well. and the things you dont see are the cakes, lunches, and the $$ given to the office. The marketing programs offer interchange incentives for the doctors when they prescribe their dugs (ht tp://www.pnhp.org/ news/2003/march/state_sue! s_drug_comp.php). --References --> For four years, I worked in a subtraction department store chain. One of the perks for woring there was that I only paid $0.50 over unhurtsale for all my perscriptions. (the only contend I stayed working there) People sine qua non someone to goddam for the high proces, so lets blame the pharmaceutical companies. I was blow out of the water to see the high mark-ups on perscription drugs by retailers, upwards of 200%. So the next time you lead to fill a perscription, shop around. And if you use a lot of perscribed medicines and are seem for a job, think about woring for a company that offers discounts on those perscriptions. Hi, Mel635 here. In case you are looking at my radical and wanting to do so me analyze of this nature, the government HAS (since this physical composition was submitted) stepped up and begun offering somewhat intermit Rx coverage for medicare recipienents. savour into this before using any reference work from this paper, because it changes the whole theme. Happy citing! If you want to get a just essay, order of magnitude it on our website: OrderCustomPaper.com

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