Thursday, September 3, 2009

Any wonder why Health Care Reform gets so ugly?

there's lots at stake here.

Pfizer, the worlds biggest drug maker was hit with a 2.3 BILLION dollar penalty for for repeatedly cheating. They are, and continue to be promoting their products to doctors with lavish junkets. This is the 4th time the Feds have caught them cheating in the past 10 years. Now, the Feds have put in place a special monitoring by the Health and Human Service Department inspector general for 5 years. In the past 10 years, drug companies in the US have paid 11 BILLION dollars in settlements. In the latest criminal and civil case, Mass gets 15 MILLION dollars.

Six corporate whistle blowers will share 102 MILLION dollars as a reward.

And today, we learn from CNN, there are 6 different lobbyists per Senator from Health Care advocates.

Bottom line..... if these industry giants can afford to pay BILLIONS in fines for civil and criminal proceedings... then we as consumers have been paying way to much for our drugs, for way to many years. It's past the time for drug companies to be regulated.... this coming from a Libertarian...