Category Archives: Big Pharma

Not so fast! Massive giveaway to Exxon and Pharma hits roadbump

http://www.salon.com/2013/12/11/not_so_fast_massive_giveaway_to_exxon_and_pharma_hits_roadbump/

“Deputy Assistant U.S. Trade Representative for Public and Media Affairs Nkenge Harmon told me last year that ‘[n]othing in our TPP investment proposal could impair our government’s ability to pursue legitimate, non-discriminatory public interest regulation.’ Global Trade Watch’s Todd Tucker called that ‘a misrepresentation’ of the issue, saying that ‘once public interest laws are passed,’ proposed language would leave them “susceptible to attack by multinational companies, and taxpayers could be on the hook to pay multinational companies for the privilege of passing that public interest law.'”

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Obamacare: The biggest insurance scam in history

Obamacare: The biggest insurance scam in history

“Tricks to mistreat those with pre-existing illness: One of the great selling points of the ACA con is that those with pre-existing illnesses will not be denied coverage. This is true, but insurers have many ways to avoid the ill. The ACA waswritten by an insurance company executive from Wellpoint, Liz Fowler, who went on to be hired by Obama’s HHS to implement the law and now works for a pharmaceutical giant. So, all along the way, the insurance companies had someone protecting their interests.

One way to avoid the sick was mentioned above: excluding hospitals where people with serious health problems go, like major medical centers. Another way is by providing poor service to people who have a lot of claims so they change insurers. And a third has to do with the fact that insurance companies are allowed to charge more in geographical areas where health costs are higher. If a plan in a particular area is not making enough profit, the insurance company can simply stop selling in that area.

Insurance companies also can charge three times as much based on age. Because most pre-existing illness comes with age, this greatly undermines the protection of those with pre-existing illness. Insurance companies are excellent at gaming laws and regulations, so we can expect more creative avoidance of people who actually need health care.”

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America’s Foster Care System: Test Lab for Big Pharma, Cash Cow for Caretakers?

America’s Foster Care System: Test Lab for Big Pharma, Cash Cow for Caretakers?

“Of the more than 400,000 children in the U.S. foster care system, it’s estimated that more than 50 percent are on some sort of psychiatric drug.

Money is part of the reason. Foster parents are paid more to take care of a child with mental health issues.

On average, a foster family earns about $17 a day for taking in a child who needs a basic level of care. But a child who is taking drugs such as antidepressants, antipsychotics, mood stabilizers, anxiety medications or anticonvulsant medications is worth around $1,000 a day.”

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