Big Pharma Gets Rich, You Get Sick

Written by Dr. Jack Wolfson
Posted May 3, 2017

In America, a major debate is about insurance for health care costs. Between Obamacare and Trumpcare, the conversation centers around insurance and who should pay for it. I think rather than debating about insurance, we should first find out why health care costs are so darn high.

As I research the costs of medical care in America, I can only conclude that a system of food production (if you want to call it that), prescription medicine, government taxation and corporate greed have caused us to lose site of the real problem – the soaring costs of prescription medicines in the U.S.

While Big Pharma executive pay and drug costs soar, life expectancy in the U.S. is on the decline. Death rates in the U.S. are increasing for 8 of the 10 leading causes of death.

Why are costs so high and results so poor? Greed and money. Profits and employment are put before people.

This fact illustrates a point I’ve been saying for quite some time: no one makes money when you are healthy. Doctors make less. Pill pushers make less. There’s less employment, as we don’t need as many medical workers. That means less tax revenues for local, state and federal governments.

The only one that wins with good health is YOU.

Look at Big Pharma executive pay from 2015:

pharma ceo compensation

Some of these guys make more in a day than the average American makes in a year. The LOWEST PAID guy on this list makes more than $52K a day. Is ANYONE worth that amount of money? It’s outrageous!

And where do you think this money comes from? It’s coming out of the pockets of all the people buying Big Pharma meds. Americans spend 2x as much per capita on health care than any other country in the world.

Now, let’s look at Big Pharma med prices in America.

There is a huge disparity between Big Pharma medicine costs in the U.S. and Canada. 

canada vs us drug prices

Here’s the big question: why are drugs so much cheaper in Canada? You’d be amazed at the number of Americans that buy prescription meds in Mexico because of the huge price savings.

Price increases are also happening at an alarming rate. See the chart below provided by Bloomberg to see the astronomical price increases in common Big Pharma meds:

drug price hikes

Why are prices skyrocketing? One reason surely must be to pay the inflated salaries and bloated overheads of these Big Pharma fat cats. While these guys are lining their pockets, their medicines are making people sick and people are dying at increasing rates.

The lifestyle impact of soaring drug prices to consumers is significant. Consumer Reports conducted a study to determine the lifestyle impacts of these escalating drug prices. Here's what they found:

life quality

Between pay and pricing it’s clear to me that we, as a society, are getting ripped off!

So, what should we do about it?

Write your state and federal officials. To reach a member of the U.S. House of Representatives, click here and follow the instructions. To reach a member of the U.S. Senate, click here. Let them know that you want pressure applied to lower health care costs, specifically prescription medicines. Share with them your desire to eliminate GMOs. Encourage them to promote economic incentives for organic farming.

It’s time as Americans that we wake up and realized that we’re getting fleeced by Big Pharma. Live right and make your voice heard so we can stop the madness.

Dr. Jack Wolfson

Senior Editor, Clear Health Now

Dr. Jack Wolfson DO, FACC is a board-certified cardiologist who believes bad nutrition and toxins create heart health problems. He prevents and treats cardiovascular disease with good nutrition, not medicines and treats the whole person, not just the symptoms.

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