HHS Secretary Sebelius: Healthcare Bill to Reduce Pharma Profits by $90 Billion

Rush Limbaugh's and other conservative blogs have been abuzz about a video interview that MSNBC's Dylan Ratigan did with HHS Secretary Kathleen Sebelius yesterday, in which she says that one goal of the healthcare reform bill would reduce drug company profits by almost $90 billion over the life of the bill.  ( Here is Fox News' sound-bite edit of the same video interview )

I'm no fan of the "fair and balanced" Fox (which, after all, calls the bill Obamacare) but this would have an impact on innovation (and, possibly, compliance and, without being jingoistic,  US jobs).  Of course, R&D and manufacturing will have to become more efficient

But what incentives would offset this loss, to promote investment in R&D and manufacturing, and the development of talent, in the U.S. 

Since drug costs (while exorbitant for niched name-brand products) are still a relatively small portion of overall healthcare costs, why would reducing profits, and with them, incentives to improve future therapies, ever be good?

But some of the questions posed by Mr. Ratigan seem to reflect results of a Harris public opinion poll, which show the continued disconnect between pharma and the public----according to the survey, the public views drug costs (and insurance costs) as a major factor in overall healthcare costs. when in reality, even when combined, they only account for a small fraction.  For more, read on.

Is there a failure to communicate here?


Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


  • <p dir="ltr">No one has to reduce the profits. They will automatically drop when the pipelines dry up. Profits can only stay up if the Pharma companies gouge people or the health care system. If this happens, people, government and press of the developed countries is going to put significant pressure and expose bad practices. <br />With growth coming from developing countries, competitive pressures from generic pharmaceuticals and controlled prices are going to challenge profit-gouging moves. <br />It is too early in the game to conjecture what tomorrow will look like but one thing is sure, sun will rise and water will find its level if any anomaly occurs. Cheers</p>


  • <p>Hi,think you’ve made some truly interesting points. Not too many people would actually think about this the way you just did. I’m really impressed that there’s so much about this subject that’s been uncovered and you did it so well<a href="http://www.brain-dumps.mobi/1Y0-A15-exam.html">1y0-a15 dumps</a>|| <a href="http://www.brain-dumps.mobi/1Y0-A16-exam.html">1y0-a16 brain dumps</a>|| <a href="http://www.brain-dumps.mobi/1Y0-A18-exam.html">1y0-a18 dumps</a>|| <a href="http://www.brain-dumps.mobi/1Y0-A19-exam.html">1y0-a19 braindumps</a>|| <a href="http://www.brain-dumps.mobi/1Y0-A21-exam.html">1y0-a21 exam dumps</a>|| <a href="http://www.brain-dumps.mobi/1Y0-A24-exam.html">1y0-a24 dumps</a>|| <a href="http://www.brain-dumps.mobi/1Y1-A19-exam.html">1y1-a19 dumps</a>|| <a href="http://www.brain-dumps.mobi/1z0-047-exam.html">1z0-047 braindumps</a>||</p>


  • <p>Hello,I love reading through your blog, I wanted to leave a little comment to support you and wish you a good continuation. Wishing you the best of luck for all your blogging efforts.<a href="http://www.actualtest.ws/actualtests-650-393.html">650-393 questions</a>// <a href="http://www.actualtest.ws/actualtests-650-987.html">650-987 exam questions</a>// <a href="http://www.actualtest.ws/actualtests-7004-1.html">7004.1 questions</a>// <a href="http://www.actualtest.ws/actualtests-70-290.html">70-290 questions</a>// <a href="http://www.actualtest.ws/actualtests-70-291.html">70-291 papers</a>// <a href="http://www.actualtest.ws/actualtests-70-293.html">70-293 pdf</a>// <a href="http://www.actualtest.ws/actualtests-70-294.html">70-294 prep</a>// <a href="http://www.actualtest.ws/actualtests-70-401.html">70-401 papers</a>// </p>


  • <p>Nice info, beneficial and great design, as share excellent stuff with very good ideas and concepts, lots of good information and facts and inspiration, both of which we all need to have, thanks for all the enthusiasm to supply such useful information here. <a href="http://www.certkey.com/642-627.html">642-627 exam questions</a> | <a href="http://www.certkey.com/642-631.html">642-631 exam questions</a> | <a href="http://www.certkey.com/642-637.html">642-637 exam questions</a> | <a href="http://www.certkey.com/642-642.html">642-642 study guide</a> | <a href="http://www.certkey.com/642-647.html">642-647 exam questions</a> | <a href="http://www.certkey.com/642-654.html">642-654 exam questions</a> | <a href="http://www.certkey.com/642-661.html">642-661 study guides</a> | <a href="http://www.certkey.com/642-681.html">642-681 exam questions</a> | </p>


  • <p>Foreclosures <a href="http://www.bargainstunguns.com">stun guns</a> are setting new records again, this time not in their overall numbers, but in the time it <a href="http://www.luxury-vibrators.com/Rabbit-Vibrators-c5.html">rabbit vibrators</a> is taking for all of these properties to be processed through the legal system. </p>


  • <p>Either way, pharmaceutical lobbyists won new federal policies they coveted and set a trajectory for long-term industry growth. <a href="http://www.methodicalcode.com/java-programmer">java developers</a></p>


  • <p>It is great to have the opportunity to read a good quality article with useful information on topics that plenty are interested on <a href="http://www.actualtests.mobi/412-79.html">412-79 exam</a> <a href="http://www.actualtests.mobi/JN0-100.html">JN0-100 exam</a> <a href="http://www.actualtests.mobi/640-821.html">640-821 exam</a> <a href="http://www.actualtests.mobi/70-562.html">70-562 exam</a> <a href="http://www.actualtests.mobi/642-647.html">642-647 exam</a> <a href="http://www.actualtests.mobi/70-624.html">70-624 exam</a> <a href="http://www.actualtests.mobi/156-215.html">156-215 exam</a> <a href="http://www.actualtests.mobi/70-652.html">70-652 exam</a> </p>


  • <p>I'm glad I found this web site, I couldn't find any knowledge on this matter prior to.Also operate a site and if you are ever interested in doing some visitor writing for me if possible feel free to let me know, im always look for people to check out my web site. <a href="http://www.webprivacy.info">vpn service</a> </p>


RSS feed for comments on this page | RSS feed for all comments