Thursday, June 21, 2007

The drug companies, surgeons, medical specialists, health insurance companies and private hospitals are making out like bandits ... 5000x drug markups

Why Michael Moore's SiCKO is a health care documentary every American must see | Tuesday, June 19, 2007 by: Mike Adams

America's disastrous health care system is heaving the country head-first into near-certain economic collapse. Just about everybody's either financially strained or going broke due to spiraling health care costs: the people, the employers, state governments and even the federal government. Multinational corporations are fleeing the United States due to health care costs, taking jobs and economic productivity with them. Meanwhile, 50 percent of personal bankruptcies in the U.S. are due to medical expenses.

But not everybody's doing badly. The drug companies, surgeons, medical specialists, health insurance companies and private hospitals are making out like bandits, raking in multi-million dollar CEO salaries and -- I'm not making this up -- greater than 500,000% markups on prescription drugs. And while the American people get sicker, the drug companies, insurance companies and many health "care" providers (it's really more like "sick care providers") are rolling in cash. Drug companies are now among the richest corporations in the world, ...

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