Are Drug Companies Destroying The U.S. Health Care System?
By Dr Randy Wysong The U.S. government’s annual bill for healthcare spending $3,925 per person significantly exceeds that of all other nations. Despite this, our current health care system is increasingly failing both patients and medical practitioners. Of 13 nations, the U.S. is last for neonatal and infant mortality, last for years of potential life lost, 10th for age-adjusted mortality, 11th and 12th for female and male life expectancy respectively. Chronic degenerative diseases heart disease, cancer, arthritis, obesity, etc. are at epidemic levels and create the ideal long-term customers to grow the medical industry. Looking for a culprit? Consider that pharmaceutical company profits are so large they outstrip every other American industry by far. Americans spend over $500 billion on drugs. The drug companies claim that they need large earnings ($124,835,595,000 in 1999, for example) to conduct their research, but just one of every five dollars the drug industry collects actually g