Why are prescription drugs so expensive? (Documentary)
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- Опубліковано 1 жов 2024
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Too bad they don’t have immunosuppressants.
Thank you for your videos. 👍
People die in poor countries everyday.
Americans just whine all the time feeling privileged
They only supply generics.
Shkreli "prices are 'inelastic' " monopoly pricing
Prescription drugs in the U.S. are really expensive because the companies that make these medicines are GREEDY and can set high prices and there aren't as many rules to limit how much they can charge. Also, unlike some other countries, the U.S. government doesn't negotiate these prices to make them lower. This video It's quite an eye-opener though, especially with the USA being known as 'the land of the free.' The difference in healthcare compared to many other countries is both surprising and a bit amusing to me 😂😂😂
You regurgitating what jake said in the video is very amusing to me in America we have the first amendment America is the only county in the world with freedom of speech
The problem isn't that they're not regulated in price setting. The problem is they don't have to tell us how much everything costs up front so we can shop around and make purchase decisions based on the best value. They don't have to compete for our business. Even companies like communications companies who all agree to keep their prices within certain ranges have to tell us what the price is and let us decide. With medicine and healthcare in general there's none of that. Most of the people telling you what you have to buy (drs and nurses) have no idea what it costs
Trump actually made it happen & negotiated for lower prices.
@@stalinsassassin6529 he didn’t summarize well, the comment blames manufacturers when Jake clearly said it’s not them. The middle men (US pharmacies and other managerial chains) are the ones price gouging.
Also, freedom of speech is EXACTLY the reason why America is under attack by the globalists
It appears there might be a misunderstanding about the pharmaceutical industry. For every new medicine that successfully enters the market, there are 99 unsuccessful programs, each with associated research and development costs that need to be recuperated. Indeed, the success rate is a mere 1%. To illustrate further, only 1 out of every 10 programs advances to clinical trials, and similarly, just 1 out of 10 clinical trials results in a market-ready product. When you calculate the R&D expenditure required for that one eventual market success, the financial burden for pharmaceutical companies becomes evident. Additionally, the U.S. government employs programs like IRA to negotiate drug prices with pharmaceutical companies.
Sadly people are concerned about wokeness, LGBTQ and social justice BS instead of the real issues.
Americans need to set their priorities right.
They created those thing to distract the mass
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I'm French, and I can count on my hand the number of times I actually paid for any medication. USA is wild, pay to be healthy 😂😂😂😂😂😂so called land of the free.
We’re a joke please send help
The problem with free healthcare is if you need a CT scan it may take months while in the US You can get a CT scan the very same day if you pay. In Canada there is free healthcare but it takes about 3months to get a CT scan. The problem is that we don’t have free healthcare The problem is that there is no control over pricing. We’ve allowed pharmaceutical companies to become too powerful. Healthcare is a complex topic, but the reason why we have some of the best doctors and treatments in the world is due to competition. If you are the best you make the most money! The doctors aren’t the problem it’s the greed from pharmaceutical companies and insurance companies
@@JoeyVX the CT scans here are either immediate or the next day depending on flow of patients seeing as it's the only one where I live. Never heard of some saying month looking wait line
Not sure where you're getting your information, or if you're just parroting American governmental talking points against free healthcare, but it doesn't take that long bro. I guess the propaganda got to you.
My mom had to get a CT scan in august and it was scheduled next day. We only paid for parking.@@JoeyVX
Still have far more rights than France lol, and some states have free healthcare depending on your income
The greatest country in the world, in terms of drug prices and addiction.
Its free country baby.
Ind3ed
@@mohdfarhan5255 not in mANy ways
@@mohdfarhan5255"Freedom🦅"
I remember going to universiry here in Russia and we had a transfer student from US. She had asthma and her inhaler was spent, so she was paniking about getting a russian perscription... It took as about an hour to explain to her that all she had to was to go to a local pharmacy and buy the damn thing, no perscription needed. It took us about another hour to explain to her that about 39 dollars in equivalence was absolutely a normal price and she was not buying a knock-off. I swear, US healthcare system has to be the most inefficient system in the world.
The most retarded system self aware that it lets tons of people die, but who cares, just hold my money bag. People die everyday even on the most developed countries because of poor health care, no good doctors, too few hospitals, or not enough research, etc. In US people die because F*ck you, pay me. I genuine consider US a 3rd world country and worse than African underdeveloped countries just because everyone tries to kill everyone like monkeys for worthless green paper. Tech, land and other stuff is irelevant when everyone acts like a monkey under the pretext of capitalism and free market, free everything. It's a caveman mentality on a era of tech.
As an American I must agree. The greed of Big Pharma is horrible. Plus they doctors no longer want to give natural remedies or cures, only prescriptions that have so many side effects that may actually lead to a quicker death.
All due respect but the majority of these prescriptions are not necessary with the correct diet, sleep, exercise and stress reduction.
@turningaround7842 💯💯💯
🎯
Most drugs do more harm than help. Many are dangerous like statins.
Doctors, Hospitals, Drug Companies, Insurance and Politicians are all in on it together. It’s a Symbiotic Relationship between them that is detrimental to the sick, helpless customers/patients.
And yet…no one would get hurt if they simply didn’t “have” to have all the things. All the money. If only the rest of people, the ones they suck dry of their one existence, just for their weird ass over indulgent pleasures & sick need for power over (even though they’re only as human as the rest of us), simply had what they needed and deserved. No one would get hurt. Nothing bad would happen because of it. But nope. Gotta keep giving these sick ass ppl all the things. Cuz that makes so much sense. 👍🏽👍🏽
All these same medicines are 20-50x cheaper in Georgia, Ukraine, Russia.
As a person with no health issues and young its eye opening to know the situation with the health industry
I cant beleive they let you die off if you cant afford their drugs
Yea, welcome to the real world. Also take a look at his videos on food. They're speeding up the process so you need drugs early in life. Also your insurance covers "some" stuff not all of it, so youre fucked right and left.
One of many reasons I started looking into natural remedies many years ago. I don't have any serious medical issues yet (I'm 61). But, for my sinus/allergies/asthma, once I learned about the neti pot, I never had to go to the ER for an asthma attack since then, about 15 years now.
@@nancystockwell7829 of course there's genetics and overall quality of life that factors on your health, maybe you live a little to no stress life and that helps a lot, I have an uncle, 91 years young, drinking a bottle of rum everyday and two packs of Marlboro reds, up until 87 he used to drive to the strip club. He doesn't drive anymore but stills drinks and smokes like he was 20. No medicine, natural or lab made. Just a happy life.
@@nancystockwell7829it’s all nice and well until you get a medical issue that won't respond to any natural methods. That’s when you realise how screwed you are
And people are concerned about wokeness, LGBTQ and social justice BS instead of the real issues.
Americans need to get their priorities right.
Sounds like an American problem...
its crazy to me that americans live like that
And pay som much fpt health insurance credit cards paydayloans gambl7ng debts and or college. Yeh montage and cardpayments
The root of most "mental" issues are emotional in nature, disrupted attachment generally speaking.
🎯
Bingo. May more people awaken. Everything is happening inside our bodies......
Preach!!!
Gabor Mate says capitalism.
Agreed.
I fought with my insurance company for 2 months to approve hep c treatment I needed 3 treatments at 10k each.. thank God it got taken care of
The richest country in the world but can not provide free Healthcare Saudia Arabia is FAR less rich than the United States but they have free Healthcare.
In switzerland we also dont have free healthcare. Just everybody needs to pay 400dollar every month
Thank god l live in Australia. It doesn't matter what drug I need,it only cost me $6.90 each. I take 5 different ones a day. I'd be dead if I lived in America.
5 a day?? Why??
I don't encourage meds because of the reliance and compounding side effects but yes, we do have a very good system in Australia. The US system is unbelievable.
@@schmooplesthesecond5997 one for reflux, 2 for Depression, 1for nerve pain and a vitamin d. The last one i pay full price for.
I also get a B12 injection every 3 months. I also get a flue shot each year. I also just got my first shingles shot. Have to go back in 2 months for the second. I would hate to pay full price for it all.
@@somerandomfellacan u tell me y meds are bad and how does the Australian system work
Healthcare insurances are dumb. In my country theres no healthcare insurance, but the drugs are affordable. Medical care is free at govt hospitals, and affordable at private clinics/hospitals.
Money rules the world.
Not necessarily
Another reason why I will never live in the US, I have asthma and I pay 35 euros for my inhaler ain't no way I'm paying 400 dollars for a drug NO WAY!
I used to live in China, i was disgusted when i came back and realized how terrible the usa is..
How does China system work
Being a doctor in india i can tell that almost all surgeries and medical treatment are free or close to no cost in all govt. Hospitals
Free wow I didnt know you didn't get a pay check or use tax money to pay for it. The ends justify the means tho when its something you deem good don't they. "You just hate the poor".
@@Mornings your view is appreciated
But what is the condition of the government hospitals in India? Shit, and I'm not even talking about small cities and villages, but big cities like Delhi and Bangalore. No wonder whoever can afford it, prefers private hospitals here in India.
@@balpreetsingh6834 I am a delhite, visit central hospital not state one, infrastructure may be not there but service is par
@@balpreetsingh6834 You're well informed. Tell us how many Americans lose their homes and entire life savings due to debt from a sleek private hospital?
My husband needs a liver transplant because he has PSC. He also has MS. I know it will eventually bankrupt us and we will be homeless. Hopefully my existence will end before that happens. It is absolutely terrifying.
There's a young man (29) from my church who is mentally challenged, on SSI, Medicaid, etc. He is getting treated for acute liver failure (we think it's from the jab), and he won't have to pay anything, even if he does need a transplant. The system is completely out of whack. You and your husband should not have to bankrupt yourselves for health reasons, no one should.
@@nancystockwell7829 It is true the middle class are taxed to fund Medicaid/care, but then they cannot afford healthcare even with insurance because it is so expensive. It is backwards to work hard, but not even be able to pay for your own mere survival first. If we can help others we should, but we always need to be able to keep ourselves and our close loved ones cared for first before we expand our charity to others. I feel like we are killing off the productive workers while providing full coverage for free to people that are technically not producing anything which long term doesn't work in an economy or society as a whole. You cannot have more people sitting in the wagon than pulling it, or the wagon won't keep moving at some point.
Learn about Islam and if you convert it will change your life
Gonna cry?
@@nancystockwell7829Yes, it’s true.
Look at the kidney failure it’s horrid what they are doing to people! Dialysis is big business too
Yes, there are no what-so-ever excuses here!
It is sole all about cold- and brutal GREED!
These companies and all people involved sold there souls for money and care not for all people suffering that they can't afford medical treatments.
It is all pure disgust. God will not look kind at greedy and soulless people, they will suffer even worse when there time comes.
I only found your channel a couple of months ago, but I am beyond grateful to have found your channel because you are one of the few content creators out here that actually not only exposes the problems with this world but provides solutions. Bravo to you, Jake and thank you. I will share this information with my family.❤
New comers
@@Chunga-maishamy thoughts exactly. The OGs went thru the journey of him selling himself out
In Poland this inhaler cost 3zł so 0.60$
72% of Americans take at least 1 medicine a day? wow. Pharmaceutical companies got approx 240,000,000 people as daily consumers in the US that is insane, and given America's near 60th in table of life expectancy by country, its not exactly having miraculous results.
This country would never put its people above the dollar
If you got a problem commie go to china or russia
remember PSYCHIATRY IS DIRT CHEAP!
but anything COSMETIC
or like insulin or something like that...
forget it, too expensive!
Is it not expensive 😮
It isn't. And entirely government funded via "privatization". Job/revenue creation and all that.
As much as I want affordable health care in America it's hard to talk louder then the "nonprofit" pharmaceutical companies lobbing for the Republican vote
Our health care system is in everyone's pocket in government. It's certainly a non-partisan issue
Riddle me this: is there something offered into people that might be causing many health issues? Also...could it be that there are cheap, yet nonpatented "solutions" to certain symptoms? Hmn...😂
It doesn’t help that our Congress has stock in the Pharmaceutical companies.
Yes, it's funny how wealthy our politicians are. Almost like the politician role is just a means for some other end. 😮
Imagine as a diabetic who can't afford insulin, you commit armed robbery or any other felony to get yourself in jail where they're legally required to take care of you. What happens then? Do they give you the maximum sentence or do they sentence you to death by dropping the charges?
One guy did just that to save himself because he had cancer. He robbed the bank and waited for police to arrive, surrendered himself. I don't know what happened next, but it is insane that we live in the most Free country in the world, but cannot get a medical treatment.
How beautiful it is that you americans are paying for Israel's and Ukrainian free Healthcare.. You are good people
Thank god I live in the uk, I’m on about 6 different medications and I pay £100 a year and I can get as much medications as I need.
I thought it was funded by ur tax dollers y do u pay money and also ur system is being destroyed uk that right
@@Bell_plejdo568p all treatments is funded and if your on low income or unemployed you also get medication for free. As I am a full time worker on a good wage I do pay for my medication, but like I said it’s only £100 a year for as much as I need.
I'd raise my prices too if I new most people are paying a large portion with insurance and medical plans lol same thing with college.
Come to India, we have wayyy too cheaper drugs.
The most expensive medication i paid for im Germany was a cannabis prescription, it was between 75-120€
Nice
How is the system funded and also it’s being destroyed now the whole of Germany is collapsing
I was in a car collision while in the military. I saw the bill and how much the hospital wanted. They charged for everything used. Understandable. But the cost of the items were sometimes 3x higher than market value. Private insurance will just pay it. Government insurance said, "No. This is how much we are going to pay."
I'm not for state-run healthcare but it's understandable when private insurance is one reason for the hike in medical services. Combine that with expensive college degrees and licensing, it's no wonder labor costs is so expensive in the medical field. Jake Tran already touched on this.
Well i can think of this really hilarious i live in western country finland where drugs are kind of cheap so if i move to America i will instantly go broke and then my life is like working in textile factory in bangladesh so i dont have point to move in america unless i want ruin my life in style
How does the system work in Finland and isn’t it being destroyed
Laughs in canadian.
I would normally agree with price controls but with medical it may be necessary. Tell your local representative.
I thought bribes were illegal. It's funny how Congress picks and chooses their definitions of the term.
Inhaler that he just showed it was good Rx it is $35 I used to working the pharmacy
Everything is money, even the street you walk on some big corp is owning it🤦🏾♂🤦🏾♂🤦🏾♂🤦🏾♂🤦🏾♂🤦🏾♂
Thank you for sharing the pharmacy website, I won’t have my parents insurance in a few years and this will literally save my life
I wish I known this when I was 26 when I got off my dads Boeing insurance cuz man my inhaler 2 one a steroid and one is a rescue I'm 32 now and ill be getting this
Do you work? Because you should have your own insurance and there are subsidies to help you pay for it if you make less than a certain amount. There’s also Medicaid. You cannot go through life expecting to rely on your parents, you need to provide for yourself.
@@dayjeremy yes, thank you random person for reminding me I need to provide for myself, like I didn’t fuggin know that, wow thank you so much I almost forgot I couldn’t mooch off my parents my parents my whole life. You saved me so much misery and pain, without your comment I may have never known that there are other resources available to me, I’m so stupid oh gosh. Not like I have access to internet or anything at all, good thing I connected to UA-cam with two rocks and a stick and I SAW YOUR COMMENT, my life might have been completely different.
The difference is the EU negotiate prices for the whole of EU if they want to get on a market with 800 million proper they need to adhere to price structure. In America it’s the wild Wild West everyone making their own deal not knowing what the others are paying.
Education for metal has to be there at early age how to control emotions to avoid this disease. Young UA-camr here support kindly🙏🙏.
Inhaler $400? What are the sources? I just bought without insurance for $15 in my local pharmacy. That is three time less than Europe. 🤔
Can you please ship it to me I am paying 500 a month for it I will pay 100 per one and shipping
@@OmarTayeait’s a shame. Try to get it from Eastern European countries. Their medication is at least 20x cheaper for the same stuff.
Pharmacy Plus in Spring Valley, NY. There is no secret. That is the price. Call them and arrange shipping. It should not go to $500. If you are paying $500, there is someone making a good profit from you. 😎
Hate Obamacare.
Yeah more ppl are covered, but coverage got worse for most Americans.
Quality over quantity.
Also, get rid of insurance companies.
It was a total cashgrab for the insurance companies.
It’s simple, I see Jake Tran, I watch
Same here😂
thanks for being a member!!!
@@tooflex76 thanks for being a member as well!!
Me 3, i love your quality videis bro
this video fails to address the root cause of the medical epidemic in america though, why are so many Americans sick to begin with? Instead of giving ideas to find cheaper ways to get your hands on pharmaceuticals, how about giving ideas on how to get off of them completely, how about discussing things like holistic health, using herbs, vegetables, fruits, etc as medicine, things that are free and given to us by mother nature. Americans are so sick due to the toxic environment and toxic foods we are consuming, that should’ve been the real purpose of this video instead of promoting ways to get cheap or free pharmaceutical drugs. We need to abolish the pharmaceutical industry all together and go back to organic/holistic ways of healing people. The pharmaceutical industry is not here to heal you, it’s here to treat you.
Yes we rely too much on some drugs, but people also suffer many things that are not fixable with herbs and healthy diet etc. I speak about this as a nurse with a genetic disorder that utilizes multiple modalities for my ehlers-danlos syndrome and have been partially disabled due to a traumatic injury 13yrs ago.
Great points! 🎉
The topic of the video was about prescription costs, or how to fix America’s healthcare system. The ACA encouraged annual screening and preventive care and has been described as having reduced costs long term over what the original projections were.
that’s a cool plug-crossover. at least the service seems to be genuinely good
I'm from eastern Europe but I live in Spain last 17 years. Going to doctor in Spain is free(0 cost) buying whit prescription it cheap, ibuprofeno 800ml/40 pills it's a euro. Without 5 euro for 400mg/20pills
Kovid ws an eye opener
Let’s go Jake 🎉 so much love from Australia
That same inhaler cost in Belgium only 0,79 cent's...US 400,-
shame that they have war aid money but not first aid money🤣🤣
Oh Jake exposing something else. Kid can not miss!
I just picture the Kurt angle stare meme for Percs😭😭😭😭😭
Unfortunately "Pharma Bro" is the only one who went to jail for this.
BTW what does the hearings in Congress actually achieve. I see that they hold hearings about everything but no action seems to be there.
They held tech censorship hearings as if they didn't know government agency's were behind it.
Legislation was passed recently with Biden’s administration to reduce insulin costs and to allow medicare and Medicaid to negotiate with pharma. Small steps, but positive direction.
America, where the government says something is socialist or communist when it's beneficial to the citizens
Spot on. This is what republicans prattle on about all the time.
a good day to be a US citizen in it
From day one, YOU need teach how to manage YOUR HEALTH, NOT SOME QUACK, CRIME SYNDICATE!
that’s a cool plug / crossover. at least the service seems to be genuinely good
“Capitalize on capitalism”
If we had capitalism there would be competition. I think you mean “capitalize on fascism”.
Why American government spending trillions of dollar on healthcare, while their citizens still have to pay thousands of dollar on medication and healthcare . I don't get it . Please help me out with this .
Eat healthy, exercise, and stop eating fast food, snacks, sodas, false fruit juice. Grow ur own food
its not just the US, I hail from Uganda and even here, everyone is trying to get very rich and as long as they can get away with charging more, they will even for the most basic things with no reason at all, people want to live instagram lives I think and its sad because imo, its pointless
Very eye opening…wow
Living in the american society is like living in a real nightmare,a.real life distopian reallity where the individual is just a guinney pig!
Just legal drug dealers.
America' The land of the free
Clearly is, unless youre average.
America, Land of the FEE and home of the SLAVE.....
Fent at pharmacy 30 dolla.
Fent on my block 2 for 5$
I think pharmaceutical companies spend so much money on commercial advertising so they have some control over the media coverage of the pharmaceutical industry as a whole. They could put a big dent in advertising revenue for every major broadcast network so they essentially become a controlling interest who could influence the way major network news programs cover their industry
Still debating if I should sign up for your program Jake, what do you think?
A membership fee is not free. It would have been nice if he gave a % of how much would be saved and what the annual membership fee would be. Fee is another way of saying not FREE
He didn’t say the membership was free he said the medication was free . Don’t pick it apart man of course there’s a cost associated somewhere but if it saves thousands in the end it’s all good
Continue being courageous and telling the truth. 🎉
American exceptionalism.... im starting to question on what
Here in Australia those asthma puffers are $10 without a script from any pharmacy. So in America they are $400? Are you shitting me? Is this a joke?
Bought it for $15 last week without insurance.
Had to buy one about 6 years ago didn't have insurance and it was 270.00 at a bi-mart
My asthma ceased after I quit ultra processed foods, took magnesium and vitamin D, started drinking more filtered water and making food at home. Just what worked for me, not telling anyone else what to do.
Ozempic in Poland is 90 dollars, Ozempic in the US is 980 dollars. I sh*t you not! This is right now, December 2023. American healthcare is beyond fked up.
@@user-iv8jf3mr1k That's not even including all the proprietary drugs and surgeries favored instead of cheaper protocols.
Its great that you are highlighting these important issues that some of us may not know, but would really love to see you make a video on what we csn do about it. About organizing as one people of earth against a common evil,the biggest evil : GREED
Americans finding out usa isnt the greatest country in the world
😅 then why they paying for my oralisa which is a medication that helps with my polycystic ovaries and my Endometrial which is an FDA approved drug and they keeper in trying to tell me that I need to be put on birth control when I'm on birth control and then I'm also was told that I need to take pain medications like naproxen which I already take so I can't double dose on those medications and this is from Medicaid so they deny an FDA approved drug and they will tell you to get a cheaper type of medication that is a lie.
Nice video, makes sense... hope it goes viral. Ppl need to know. See you on the 4th Jan 😉
Excellent video. I love how you were able to present a solution
It pains me, for them to tinker with prices just for pure greed
Martin shrekli
$10k? Try more like $33,600 a year if true lol.
They made the problem and solution
A gun might get the people at the counter to give you the medicine for free. The sign out front saying "gun free zone" really just means the employees won't put up a fight. And if you go to jail, tax payers will pay for your meds.
Where in the hell is there signs saying "gun free zone" ? That's retarded.
hows it feel to lose all your views stay dangerous 🤣🤣
But this is what happens when you have Voters that keep voting Republicans and Democrats Politicians for President and Congress.
The whole system is the problem
It’s the Republicans. They’ve tried to kill the affordable care act 50 times so that citizens can’t even get the same healthcare that they get for free in Congress. And they will resist any further price controls on Rx.
Get your facts right.
Great vid!
It's cheaper to move to Australia..
In Australia, Almost every prescription costs $6.95 AUD. 😊
Y 6 doller specific how does the system work
Malaysia be like: It might seem what i m about to say😂
Mass spike in cancer has been the lottery for these guys
pandemic is another example.
ovcorse nz is the only other copuntry that does this ,, i live here and i can say most ppl are hooked on drugs there's a crack epidemic and the govt is to blame .. our country is pathetic at them moment