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Jesse Ventura Uncovers How Big Pharma Gouges You

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posted on Nov, 30 2015 @ 10:06 PM
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After venture capitalist Martin Shkreli raised the price of a pill 5000%, I decided it was time to follow the Money Trail to the pharmaceutical industry's deep pockets. My Vigilant Producer Alex Logan lays down the facts on Big Pharma's dirty deeds, price gouging, and exorbitantly rising costs. Are your prescription costs too high?




posted on Nov, 30 2015 @ 10:23 PM
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What gets me is how the Government has stood in the way of development of alternate cures using the FDA to help Big Pharma not have competition. If Big Pharma had to compete with medicine men you would watch the prices of everything drop and quick. Maybe the FDA needs to be reviewed on its practices.



posted on Nov, 30 2015 @ 10:29 PM
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a reply to: JesseVentura

Thankfully, I am not on any prescription medications so, I don't know much about the cost.

Not to say that I'm not aware of what a scam the whole industry can be...that I've known for awhile.

Legalized drug dealers in a large sense....that's about what big pharma is about.

At least when it comes to pain meds, addiction remedies and the like.

Methadone.....Saboxone....



posted on Nov, 30 2015 @ 10:48 PM
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Socialized medicine? I am so in agreement with him. But in this country, somehow the crooks in our government will make socialized medicine so expensive. We have the highest cost of healthcare in the world and the biggest health issues. People are not getting healed, it is not in the best interest the medical/pharma industry to heal people.



posted on Nov, 30 2015 @ 11:22 PM
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I'd love to see a President Jesse Ventura, with perhaps a Vice President Bernie Sanders (or vice versa.)

As far as I'm aware, the US's healthcare system is reviled throughout the world as an abomination.
Get the money out of politics. Then all the other changes follow.
edit on 30/11/2015 by Eilasvaleleyn because: Reasons



posted on Dec, 1 2015 @ 12:08 AM
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originally posted by: rickymouse
Socialized medicine? I am so in agreement with him. But in this country, somehow the crooks in our government will make socialized medicine so expensive. We have the highest cost of healthcare in the world and the biggest health issues. People are not getting healed, it is not in the best interest the medical/pharma industry to heal people.


You cannot have decent service at a decent price when the healthcare industry spends millions in campaign contributions to prevent it.

Why don't you have an ap that you can use to find the cheapest non-emergency care by code / service?

Because there is no POSTED PRICING.

That is the key, if healthcare had to post their prices for all the specific non emergency tests and services by code an you the consumer can choose then prices will fall. That is the dirty little secret.

If you go to a restaurant, by law, they must post their prices. Why not healthcare you ask? Well an identical CT scan can cost you 1,000 bucks at one place and 10,000 at another and you will not know until you get the bill in most cases. (btw, I have used cash to pay less than $200 for a CT scan that would have cost me more after insurance if I had went through the normal process)

If you enforce posted pricing and the consumer can shop for the best deal, prices will fall.

Look at Lazik eye surgery for example. The technology gets better and better and the prices keep falling. Why you might ask? Because they compete against one another and post their prices, advertise to get your services, etc.

edit on 1-12-2015 by infolurker because: (no reason given)



posted on Dec, 1 2015 @ 04:06 AM
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a reply to: JesseVentura

Thanks for everything Jesse



posted on Dec, 1 2015 @ 06:55 AM
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If Jesse was president do you think he would still post to ATS? Anyways he's right about big pharmaceutical companies, they are a shining example of greed truly shows a polar extreme in manipulation of supply and demand. F U big pharma



posted on Dec, 1 2015 @ 08:22 AM
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a reply to: infolurker

I have seen the price of a cat scan here, I had a dozen of them over the years because of concussions and other health issues. A thousand dollar scan costed the insurance company three hundred and fifty bucks, the hospital accepted that amount. My mother had one on medicare and the hospital accepted two hundred twenty bucks. Now if you walk in you will pay the grand for the cat scan.

I actually do not think that is right, the person who pays himself gets ripped off.

There are too many problems with this healthcare system to even fix it. Half the bankruptcy in this country is because of health care, and the hospitals are allowed to raise their rates to cover the losses. So medical prices just keep rising.

We need to go with socialized medicine. When twenty three percent of the GNP is related to healthcare and pharma you need to look at that seriously. With so much profit and wages being depending on us being sick, will they want us healthy or wait till we get messed up so they can sell us services and supplies.

I am not against our healthcare professionals, I am just saying there is a better way. We do not need to be sick. This excessive healthcare cost is tied to bad food chemistry and food preservation techniques. It is also tied to new technology, an office worker does not need to go to a file cabinet or to the printer or copier anymore so they sit too long. If they are smart enough to drink coffee or water, they at least get more restroom breaks and have to get up for that and stretch their legs. That is probably the single most important reason drinking more water makes you healthy, it is the extra trips to the can that is giving the most benefit.



posted on Dec, 2 2015 @ 11:04 AM
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a reply to: JesseVentura
Mr Ventura, I live in the UK and it's exactly the same here. I commend you on your video but it's what's known as "stating the bleeding obvious". everybody knows what's happening and the biggest problem is getting our respective governments to actually do something about it.
But I wont hold my breathwhile they try to do something.



posted on Dec, 2 2015 @ 11:10 AM
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a reply to: JesseVentura
Truly the way they charge is a crime. Being 76 and active, but now and then needing help in other ways, I got a priscriping to cealis finally. They handed me a few pills at the drugstore and they were $40 per pill, 20 mg...I refused and ordered from india where they are made, less than a dollar per pill from the same manufacturer. Just placed an order for 12 tubes of cream for my wife, hormones. $300 per tube here, and I paid $177 for the same product fron there for 12 tubes.



posted on Dec, 2 2015 @ 11:16 AM
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If I bought a company that made a drug as the one guy did who raised the price from 15 bucks to 1000s there is a better way. I would do the same but make it free to anyone not going though insurance claims.



posted on Dec, 2 2015 @ 01:09 PM
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Insurance companies don't help either.

I remember getting a prescription with insurance for my wife that was a 20 buck co-pay each time I picked it up. I didn't have my insurance card one time I was there to pick up.. they said they couldn't give it to me unless I paid full price for it, or I'd have to come back with the card.

So I paid cash.. and it was $5.60 for the prescription I had been getting all along for 20 bucks a pop. Between insurance and pharm you are in a big hole.



posted on Jan, 26 2020 @ 11:59 AM
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Have you heard about data matrix tags being encoded with private medical information, hidden inside electronic devices, and shipped outside the country?
a reply to: JesseVentura



posted on Feb, 5 2020 @ 02:38 AM
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posted on Feb, 5 2020 @ 02:45 AM
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a reply to: Eilasvaleleyn

Are you serious? This Steven Segal lookalike couldn’t lead a greasy stick up a pigs bum, just stick with Trump for now, he is doing a good job......

If you need a fix go and watch Under Seige or something



posted on Feb, 5 2020 @ 05:03 AM
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originally posted by: rickymouse
Socialized medicine? I am so in agreement with him. But in this country, somehow the crooks in our government will make socialized medicine so expensive. We have the highest cost of healthcare in the world and the biggest health issues. People are not getting healed, it is not in the best interest the medical/pharma industry to heal people.


the Us has the highest cost of healthcare due to insurance companies, that provide healthcare insurance. but make no mistake, socialized healthcare costs are just as bad because of the same basic thing. the only difference is that it's not so obvious because people never receive a bill. it's just payed for with tax money. people like to use Canada as a great example of healthcare working under a socialized system. but if you are in Canada and are not covered by the social healthcare system (ie not a resident, or even a Canadian citizen that pays taxes, who has been out of the country for i believe it is 6 months in a year), you would likely be shocked when you got your bill, and found out it's almost as costly as the same care in the US. and even medicine which is not covered by the social healthcare system (jus t you or your private medical insurance), is not much cheaper than in the US.

and yet that same healthcare, and medication is MUCH cheaper outside of t he rich nations, where they don't have socialized medicine, or much in the way of private medical insurance. and it's not really from things like the differences in wages and cost of living. i have known for a long time t hat medicine in the Philippines is much cheaper than the exact same, name brand medicine i n Canada or t he US. in fact one medicine my father was on that in Canada and the US cost over $100, in the Philippines it was cheaper than even the Canadian pharmacy dispensing fees (the extra fee they charge to sell you the medicine, on top of t he cost of the medicine, as a service charge), that medicine cost under $10. and it was the same name brand, same dosage, and same effects. so why in Canada and the US are people having to pay over $90 more for it? it is because with things like private medical insurance such medicine is affordable, and thus people will and do pay it.

rickymouse mentions the cost of a cat scan being expensive. well my father suffered a stroke in the Philippines. that entailed several days in intensive care. and at least TWO cat scans. as well as over a week in a private room. want to guess what all that cost? even in Canada it would have cost tens of thousands of dollars (did i mention i am grateful we were not in either Canada or the US, both of which he is a citizen of). we are talking about at least hundreds of dollars just for each cat scan. yet the ENTIRE BILL, for that hospital stay. which includes doctors, medicines, scans and tests, etc. cost UNDER $1,000. even his needed physical therapy (which is something else not covered under socialized healthcare in Canada, cut out because there was not enough money in the healthcare system to keep paying for it, back in the early 2000's), cost a whole $25 per session. and they had t he same equipment you would find in Canada and the US.

so how can that big a price difference even be possible between a country like the Philippines and Canada/US? after all they use the same medical equipment, the same drugs, the same basic treatments. the difference is because people could not afford to pay North American prices for the medical care, they don't charge as much for that care, equipment or supplies and medications. because they don't have socialized healthcare, or high paying private medical insurance. and by the way for all the commie Bernie supporters, it is not something he can fix as President, as much as he likes to lie to people and says he can. if that were the case President Trump would already have fixed that issue. for those of you with short memories, and especially those who were not just listening to fault Trump may have noticed in last year's State of the Union Address (2019), that Trump stated that Congress (majority democrats), needed to work with the Senate to deal with the high costs of medications. something you will notice Congress has not even attempted to do. being far too fixated on their coup attempt to remove Trump from office, to be bothered to do something to help the people they say they are wanting to help. and it is Congress who is in charge of things such as forming laws, not the President. all the President can do is ask Congress to do so, which Trump has done.



posted on Feb, 5 2020 @ 10:02 AM
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a reply to: generik

My daughter was in India and figured since she was there, she would get some X-rays, some cat scans, and an MRI. She had heard they were cheap there. She got basically her whole body scanned, a pile of different film pictures, plus a disk from the MRI. She spent about eight hundred dollars total getting everything, which included the readings of all the different tests. She paid cash for the stuff. She even did one with die there for her circulatory system to check on her veins. I think the full body MRI was the dye one.

That would cost over twenty grand here, and with her insurance she would have had ten grand out of pocket for all those pictures, her deductible is seven grand. Her doctor told her which scans to get while she was there and warned her not to get too many at a time. But she was there for six weeks so she had two different appointments which increased costs a bit. Also she had scans that her doctor did not even figure she could use. He was shocked at how cheap it was and how clear the scans were.

Insurance is part of the cost, in socialized medicine doctors do not have to have expensive liability insurance. Also in socialized medicine, it doesn't matter if the doctor has to prescribe unneeded tests to make sure to support all workers in the hospital plus the hospital itself. The problem is not so much greed here in the medical industry, it is unnecessary treatments just to keep the hospital doors open and to pay wages to all the workers. Also, here, doctors and hospitals are more apt to get sued for mess ups because we have money hungry lawyers chasing ambulances and hearses. We need to stop the lawsuits.

Pharma companies often have subsidiaries that do class action lawsuits against their pharma companies, most of the money goes to the lawyers and little goes to the people hurt, so they get most of their money back. Also, most of those lawsuits lose, because they are not using the right evidence to fight their case, only evidence approved by the FDA can be used to file a lawsuit against a pharma company. Our high cost of pharmaceuticals is mostly greed, greed that is well hidden, even stockholders do not gain much from owning the stock, because the head people have figured ways to take the money out and shuffled the money to other corporations they personally own stock in.

Corruption in our medical industry is usually not caused by greed, it is caused by people trying to keep coworkers employed and paid well. Now there are some doctors and groups that are very much into making megabucks, but most of the smaller hospitals, and some bigger ones here are not like that. Mayo clinic actually figures out what is wrong with you and cures you. Here they drag things out and run test after test to pay people's wages and for recovering the cost of technology. Mayo, relies on experienced doctors with open minds.


edit on 5-2-2020 by rickymouse because: (no reason given)



posted on Feb, 18 2020 @ 12:27 AM
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posted on Mar, 12 2020 @ 08:13 AM
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