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drug companies have pledged to spend $80 billion over the next decade to help reduce the cost of drugs for seniors and pay for a portion of Obama's health care legislation. What do you think?

WASHINGTON – President Barack Obama on Monday welcomed the pharmaceutical industry's agreement to help close a gap in Medicare's drug coverage, calling the pact a step forward in the push for overhaul of the nation's health care system.
Obama said that drug companies have pledged to spend $80 billion over the next decade to help reduce the cost of drugs for seniors and pay for a portion of Obama's health care legislation. The agreement with the pharmaceutical industry would help close a gap in prescription drug coverage under Medicare.
http://news.yahoo.com/s/ap/us_obama_drugs

Answer Question
 
Anonymous

Asked by Anonymous at 1:58 PM on Jun. 22, 2009 in Politics & Current Events

Answers (19)
  • The money will not come out of their pockets. They will increase the prices for the privately insured.
    Anonymous

    Answer by Anonymous at 2:02 PM on Jun. 22, 2009

  • I'll be interested to see if seniors will still be GIVEN prescriptions to obtain certain medications or if they will be deemed "too old" or ineligible because of a "pre-existing condition!!!"

    Folks, you never truly get something for nothing. Somehow, someway, something else is sacrificed to make up the difference.
    LoriKeet

    Answer by LoriKeet at 2:02 PM on Jun. 22, 2009

  • I don't like obama's health care plan in the first place. It lave the people little or not choice in health care, and lessens the health care quality.
    Precious333

    Answer by Precious333 at 2:04 PM on Jun. 22, 2009

  • Umm forgive me, but if they spend $80 billion, howdoes that keep prices down exactly? If I owned a business, and I spent alot of money on say, a marquee sign, wouldnt I have to rAISE prices a little to pay for that sign?
    mumma28

    Answer by mumma28 at 2:12 PM on Jun. 22, 2009

  • Honey, the drug companies are our most valuable asset in the United States. Who the heck do you think runs the show? YES drug companies. That is why, if haven't figured it out already, that the Doctor's office will try to push as many drugs on you and our seniors as possible. SICKNESS IS OUR ONLY SOURCE OF MONEY MAKING. Study up on it. You will be amazed. No cure for Cancer... hmmmmmmmmmmmm do you wonder why?
    Anonymous

    Answer by Anonymous at 2:17 PM on Jun. 22, 2009

  • No cure for Cancer... hmmmmmmmmmmmm do you wonder why?

    ***

    Because with hundred of different types of cancer the body can generate--via mutation, chemical carcinogens; ionizing radiation; viral or bacterial infection; hormonal imbalances; immune system dysfunction; heredity; and who knows what else--along with conceptualizing that a single human cell contains your ENTIRE genetic make up, it's not as easy as 1 + 1 = 2!!
    LoriKeet

    Answer by LoriKeet at 2:24 PM on Jun. 22, 2009

  • No... they have a cure...it keeps the population down...look at susan B coleman....how much money do they have to raise before they find a cure? They have raised billions...yet there is no cure. If there was do u think we would get it? They use that money to keep it at bay, and to make people more comfortable, they found the cure, the scientists (government) keep it to themselves
    mumma28

    Answer by mumma28 at 2:29 PM on Jun. 22, 2009

  • No cure for Cancer... hmmmmmmmmmmmm do you wonder why?

    same reason why there is no cure for aids. GREED on the part of the drug companies
    Anonymous

    Answer by Anonymous at 2:30 PM on Jun. 22, 2009

  • Umm, it's Susan B Komen.
    Anonymous

    Answer by Anonymous at 2:41 PM on Jun. 22, 2009

  • anon:30


    There are on-going drug trials in Europe for HIV. Problem is USA don't trust scientists from Europe. They are pretty close of finding the cure.

    Anonymous

    Answer by Anonymous at 2:45 PM on Jun. 22, 2009

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