Medications

17
889 followers

The price of medications are out of this world. We were going through the costs of medications recently and found that they have gone up significantly. What is up with that? It just does not seem right that for every medication needed, especially for the elderly, have risen beyond regular costs a year ago. I understand the concept of profit, but it makes no sense that companies are taking advantage of the elderly population in our society.

Lets see where this same issue will be a year from now, and I would be willing to bet that the prices will not be going any lower either. This is unfortunate for consumers that are forced to pay sky rocketing prices with limited income, especially the retired folks.I just do not understand. Lets hope some relief will occur sooner than later.

What do you think can be done to lower these costs?

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Recent Comments

17

Xavier, I agree with you and it's unfortunate for many people. There is no one easy answer to this problem.

Yes sir it sure is. Hope fully alternatives can be found soon .

Unfortunately...not much...it's the system. We have to take matters into our own hands which is why opportunities like WA are so vital. Building our own business should not wait until retirement...wish I started much earlier. Also important is to just do our best to stay healthy and not depend on medication. Food..good nutrition..is a good path to follow.
Debbie

Yep that is certainly a great place to start and something we need to pass on to our next generation. Thank you.

Find herbal alternatives.

Pharmaceutical companies have you where they want you and the government coins in on it as well.

The doctors are great but they make their coin by promoting the drugs as well.

When all these people benefit from this great wealth, it’s very difficult to see prices coming down?

Wayne

Thank you Wayne. What does that tell you about the Doctors and the oath they take. Flat out price gouging at consumers expense. Time for a cool change.

I think the doctors are in a predicament as well? I agree change is necessary! You are very right!

Good awareness you share!

Thanks

Wayne

Deregulate the industry to try and introduce some competition, seems to work in most other areas of commerce.

it is sad but true but Big Pharma has no sense of respect or responsibility for the problems they create for seniors not all seniors can afford the supplemental insurance that is on the market. It saddens me to think that our seniors and most vulnerable are being preyed upon so mercilessly.

So very true Jerry. It staggers the mind that after all the years these folks worked hard and labored to end up like this. I certainly hope change will catch up to these big pharm companies. Thank you for your comments.

I side with Fleeky, although I know some still "need" their prescription meds. In South Africa there was a pharmacy that were sending out via courier at a much cheaper rate than most other pharmacies.

I am trying the old remedies wIth herbs
Less expensive and more efficient for casual things

Unfortunately that is capitalism. Possibly there could be legislation which prevents companies profiteering, possibly an industry regulator since the drug companies do not have a social conscience. Best Alan

I know someone who was paying their co-pay for a drug which came to $600 a month. They found an on line site to buy it and full retail price is $185. a month. Same company et al.
If everyone did this then - yeah that could make a difference.

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