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Originally Posted by dkosters
So open your own drug company and let the profits flow......
Seriously--you only have to look at Vioxx to see how things can go bad in a hurry. Who do you think pays for the $250 million dollar lawsuit judgement (for just one of the thousands of pending cases)? You and I do.
Yes, drug companies could do things better and cheaper (and maybe safer) but who wants to wait 25 years for a new drug to come to market.
This is just the tip of the iceberg on the state of health care today--just don't suggest fixing it by socialized medicine. I know tons of people in health care today that would quit tomorrow if that happened.
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Believe me, I'm not at all a fan of socialized medicine. As far as the lawsuits go, that is another one of our society's problems. The size of the penalties sought and judgements often have to do with how deep the defendant's pockets are.
Just so happens Merck has some of the deepest pockets in the wardrobe.