Public Values

Walkom: Ontario's phony war against druggists

Real health care cost drivers are the big multinational pharmaceuticals firms.

Real health care cost drivers are the big multinational pharmaceuticals firms.The Toronto Star's national affairs columnist Thomas Walkom wrote what one of the best analyses of the Ontario's government's battle controversial move to reduce subsidies to pharmacies for placement of generic drugs.

He calls the controversy a "sideshow." The move, he says, will save some money by removing "professional allowances" for generic drugs. "But the real cost drivers in health spending are the big multinational firms that make pharmaceuticals, not the druggists who sell them," he reports. The government's moves do nothing to curb the multinationals' power.

"Across the globe, drugs represent the fastest growing element of health-care costs. In part, that's because some drugs are remarkably useful. But in part it's because the handful of firms that create new drugs, protected in most of the world by robust patent laws, are able to sell at near-monopoly prices."...

For the full story, click here:

Posted: April 30, 2010

Categories:
  News
  Health care

Public Values (PublicValues.ca) is a project of the Golden Lake Institute and the online publication StraightGoods.ca


Public Values
 
HOME
CONTACT US
SEARCH
FREE BULLETIN
FRANÇAIS
Search PublicValues.ca
Donate to PublicValues.ca
News
Research
Politics
Campaigns
Health care
Public services
Natural resources
Energy
Education
Front lines
Voices of privatization
Feedback and dialogue
Visit StraightGoods.ca
About Us
Donations
Newswire/RSS
What is framing?
Tuesday, December 12, 2017
Updated frequently
To view photo captions, run your mouse over the photo
 
Bookmark and Share

© Golden Lake Institute/PublicValues.ca, 2007-11
PublicValues.ca owns copyright on all staff-written articles.
We encourage others to freely distribute material from this website but, without explicit permission,
Web publishers may only use short excerpts that also include credit to us and a reference to our site for the full article.
This site is managed by the Golden Lake InstituteVisit Golden Lake Institute Website and Straight Goods NewsVisit Straight Goods News Website
For comments or suggestions, please contact the PublicValues.ca Editor
For technical issues, please contact the PublicValues.ca Webmaster