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meadandale
Participant[quote=briansd1]
For those who need OTC infrequently, it’s still cheaper for them to buy OTC.[/quote]Ah, but I have chronic GERD. I have to take it daily. Prilosec OTC costs me upwards of $1/pill. Since I have an HSA plan, I’m out of pocket for everything. If I got a prescription, instead of paying $1/pill (pretax) I’d be paying 2-3x that for the prescription version..plus the cost of seeing the doctor. Oh, but the money I spent on the doctor and the drugs would qualify for HSA money. Goody.
Yeah, that’s real cost effective for me…and our health care system in general.
I agree with flu: brian is obviously young…and naive.
Participant[quote=briansd1]
For those who need OTC infrequently, it’s still cheaper for them to buy OTC.[/quote]Ah, but I have chronic GERD. I have to take it daily. Prilosec OTC costs me upwards of $1/pill. Since I have an HSA plan, I’m out of pocket for everything. If I got a prescription, instead of paying $1/pill (pretax) I’d be paying 2-3x that for the prescription version..plus the cost of seeing the doctor. Oh, but the money I spent on the doctor and the drugs would qualify for HSA money. Goody.
Yeah, that’s real cost effective for me…and our health care system in general.
I agree with flu: brian is obviously young…and naive.
Participant[quote=briansd1]
For those who need OTC infrequently, it’s still cheaper for them to buy OTC.[/quote]Ah, but I have chronic GERD. I have to take it daily. Prilosec OTC costs me upwards of $1/pill. Since I have an HSA plan, I’m out of pocket for everything. If I got a prescription, instead of paying $1/pill (pretax) I’d be paying 2-3x that for the prescription version..plus the cost of seeing the doctor. Oh, but the money I spent on the doctor and the drugs would qualify for HSA money. Goody.
Yeah, that’s real cost effective for me…and our health care system in general.
I agree with flu: brian is obviously young…and naive.
ParticipantAnother take on the “Medicine Cabinet Tax”:
And this tax change will almost certainly cost the health care system billions more dollars in unnecessary spending both to the government and private insurance plans. The Joint Committee on Taxation estimates that the tax hike will bring in $5 billion in revenues over ten years – itself a drop in the bucket when compared to the bill’s new trillion-dollar entitlement – but that estimate doesn’t take into account behavioral changes as a direct result of this provision.
OTC drugs are much cheaper those available for prescription, but they could now be more expensive to individual consumers given that prescription drugs would still be eligible for favored treatment in the tax plans, and that insurance companies would be mandated to cover many of them. Consequently, any time a consumer has the slightest headache, the financial incentive would often be to see a doctor and get a prescription rather than go to the store and get medicine off the shelf.
This could mean that billions will be wasted on the additional costs for prescription drugs in instances when OTC medicines could be just as safe and effective at treating the illness. A 2005 study in the American Journal of Managed Care found that the Food and Drug Administration’s clearing of antihistamines such as loratadine (Claritin) for over-the-counter sale saves about $4 billion a year in health care costs. Ironically, the liberals and Democrats who normally rail against big pharmaceutical companies are now creating a huge windfall the firms that make expensive prescription drugs by penalizing users of OTC medicines.
ParticipantAnother take on the “Medicine Cabinet Tax”:
And this tax change will almost certainly cost the health care system billions more dollars in unnecessary spending both to the government and private insurance plans. The Joint Committee on Taxation estimates that the tax hike will bring in $5 billion in revenues over ten years – itself a drop in the bucket when compared to the bill’s new trillion-dollar entitlement – but that estimate doesn’t take into account behavioral changes as a direct result of this provision.
OTC drugs are much cheaper those available for prescription, but they could now be more expensive to individual consumers given that prescription drugs would still be eligible for favored treatment in the tax plans, and that insurance companies would be mandated to cover many of them. Consequently, any time a consumer has the slightest headache, the financial incentive would often be to see a doctor and get a prescription rather than go to the store and get medicine off the shelf.
This could mean that billions will be wasted on the additional costs for prescription drugs in instances when OTC medicines could be just as safe and effective at treating the illness. A 2005 study in the American Journal of Managed Care found that the Food and Drug Administration’s clearing of antihistamines such as loratadine (Claritin) for over-the-counter sale saves about $4 billion a year in health care costs. Ironically, the liberals and Democrats who normally rail against big pharmaceutical companies are now creating a huge windfall the firms that make expensive prescription drugs by penalizing users of OTC medicines.
ParticipantAnother take on the “Medicine Cabinet Tax”:
And this tax change will almost certainly cost the health care system billions more dollars in unnecessary spending both to the government and private insurance plans. The Joint Committee on Taxation estimates that the tax hike will bring in $5 billion in revenues over ten years – itself a drop in the bucket when compared to the bill’s new trillion-dollar entitlement – but that estimate doesn’t take into account behavioral changes as a direct result of this provision.
OTC drugs are much cheaper those available for prescription, but they could now be more expensive to individual consumers given that prescription drugs would still be eligible for favored treatment in the tax plans, and that insurance companies would be mandated to cover many of them. Consequently, any time a consumer has the slightest headache, the financial incentive would often be to see a doctor and get a prescription rather than go to the store and get medicine off the shelf.
This could mean that billions will be wasted on the additional costs for prescription drugs in instances when OTC medicines could be just as safe and effective at treating the illness. A 2005 study in the American Journal of Managed Care found that the Food and Drug Administration’s clearing of antihistamines such as loratadine (Claritin) for over-the-counter sale saves about $4 billion a year in health care costs. Ironically, the liberals and Democrats who normally rail against big pharmaceutical companies are now creating a huge windfall the firms that make expensive prescription drugs by penalizing users of OTC medicines.
ParticipantAnother take on the “Medicine Cabinet Tax”:
And this tax change will almost certainly cost the health care system billions more dollars in unnecessary spending both to the government and private insurance plans. The Joint Committee on Taxation estimates that the tax hike will bring in $5 billion in revenues over ten years – itself a drop in the bucket when compared to the bill’s new trillion-dollar entitlement – but that estimate doesn’t take into account behavioral changes as a direct result of this provision.
OTC drugs are much cheaper those available for prescription, but they could now be more expensive to individual consumers given that prescription drugs would still be eligible for favored treatment in the tax plans, and that insurance companies would be mandated to cover many of them. Consequently, any time a consumer has the slightest headache, the financial incentive would often be to see a doctor and get a prescription rather than go to the store and get medicine off the shelf.
This could mean that billions will be wasted on the additional costs for prescription drugs in instances when OTC medicines could be just as safe and effective at treating the illness. A 2005 study in the American Journal of Managed Care found that the Food and Drug Administration’s clearing of antihistamines such as loratadine (Claritin) for over-the-counter sale saves about $4 billion a year in health care costs. Ironically, the liberals and Democrats who normally rail against big pharmaceutical companies are now creating a huge windfall the firms that make expensive prescription drugs by penalizing users of OTC medicines.
ParticipantAnother take on the “Medicine Cabinet Tax”:
And this tax change will almost certainly cost the health care system billions more dollars in unnecessary spending both to the government and private insurance plans. The Joint Committee on Taxation estimates that the tax hike will bring in $5 billion in revenues over ten years – itself a drop in the bucket when compared to the bill’s new trillion-dollar entitlement – but that estimate doesn’t take into account behavioral changes as a direct result of this provision.
OTC drugs are much cheaper those available for prescription, but they could now be more expensive to individual consumers given that prescription drugs would still be eligible for favored treatment in the tax plans, and that insurance companies would be mandated to cover many of them. Consequently, any time a consumer has the slightest headache, the financial incentive would often be to see a doctor and get a prescription rather than go to the store and get medicine off the shelf.
This could mean that billions will be wasted on the additional costs for prescription drugs in instances when OTC medicines could be just as safe and effective at treating the illness. A 2005 study in the American Journal of Managed Care found that the Food and Drug Administration’s clearing of antihistamines such as loratadine (Claritin) for over-the-counter sale saves about $4 billion a year in health care costs. Ironically, the liberals and Democrats who normally rail against big pharmaceutical companies are now creating a huge windfall the firms that make expensive prescription drugs by penalizing users of OTC medicines.
Participant[quote=danielwis]I agree.
I think you should cancel your insurance. In fact I think you should ask your company to eliminate your job.[/quote]
I work for myself moron. But nice try.
And, frankly, considering how high the costs of some over the counter drugs I take are (prilosec and mucinex come to mind) I don’t think that it is at all unreasonable for me to be able to use money I’ve set aside specifically for health expenses to pay for them.
Aren’t all you lefties for preventative health care? I suppose it’s fine when I get to pay for YOUR preventative health care but not when I’m paying for it myself?
Participant[quote=danielwis]I agree.
I think you should cancel your insurance. In fact I think you should ask your company to eliminate your job.[/quote]
I work for myself moron. But nice try.
And, frankly, considering how high the costs of some over the counter drugs I take are (prilosec and mucinex come to mind) I don’t think that it is at all unreasonable for me to be able to use money I’ve set aside specifically for health expenses to pay for them.
Aren’t all you lefties for preventative health care? I suppose it’s fine when I get to pay for YOUR preventative health care but not when I’m paying for it myself?
Participant[quote=danielwis]I agree.
I think you should cancel your insurance. In fact I think you should ask your company to eliminate your job.[/quote]
I work for myself moron. But nice try.
And, frankly, considering how high the costs of some over the counter drugs I take are (prilosec and mucinex come to mind) I don’t think that it is at all unreasonable for me to be able to use money I’ve set aside specifically for health expenses to pay for them.
Aren’t all you lefties for preventative health care? I suppose it’s fine when I get to pay for YOUR preventative health care but not when I’m paying for it myself?
Participant[quote=danielwis]I agree.
I think you should cancel your insurance. In fact I think you should ask your company to eliminate your job.[/quote]
I work for myself moron. But nice try.
And, frankly, considering how high the costs of some over the counter drugs I take are (prilosec and mucinex come to mind) I don’t think that it is at all unreasonable for me to be able to use money I’ve set aside specifically for health expenses to pay for them.
Aren’t all you lefties for preventative health care? I suppose it’s fine when I get to pay for YOUR preventative health care but not when I’m paying for it myself?
Participant[quote=danielwis]I agree.
I think you should cancel your insurance. In fact I think you should ask your company to eliminate your job.[/quote]
I work for myself moron. But nice try.
And, frankly, considering how high the costs of some over the counter drugs I take are (prilosec and mucinex come to mind) I don’t think that it is at all unreasonable for me to be able to use money I’ve set aside specifically for health expenses to pay for them.
Aren’t all you lefties for preventative health care? I suppose it’s fine when I get to pay for YOUR preventative health care but not when I’m paying for it myself?
Participant[quote=briansd1]Obama can’t keep all his promises if the Republican keep on blocking his initiatives[/quote]
The Democrats decided early on that they were going to do what they were going to do with or without Republican support. The Dems have a majority in both houses of congress even without a single Republican vote. If they want something to pass they can pass it without any support from the Republicans.
The Republicans didn’t block anything. The Democrats couldn’t even get their own party on board with the HC bill–that was what was holding them up. The only bipartisan support for the HC bill was the NO vote.
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