Eliquis Is a Money Cow, at Least within the U.S.

From Karl Denninger, an article titled Sufficient of this Nonsense:

I’m speaking concerning the fundamental financial query: Provide, demand and what occurs while you enable somebody to pressure one other particular person to pay your invoice.

I preserve hammering on this and can till individuals cease working tropes whether or not out of honest (however false) perception or another motive.

Let’s take Eliquis.  Its a standard medicine and its costly.  Roughly 3.5 million People take this drug and it is likely one of the most-commonly prescribed for individuals who have atrial fibrillation.  It seems to be fairly efficient in decreasing the chance of strokes and coronary heart assaults in individuals with that situation.

It is usually about $8,000 a yr in america with out insurance coverage and “insurance coverage” forces those that would not have that situation to pay for many who do — together with Medicare and Medicaid.

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The frequent declare is that “in the event you reduce that off these individuals will die” as a result of they’ll’t probably afford the worth.

The declare is fake.

In Germany the drug prices about $700 a yr, so it’s ten occasions as costly in america.

Parker right here. I do know why Eliquis (apixaban) a lot dearer within the U.S. I wrote all about it in my newest e-book. Learn Denninger for his opinion. (He’s smarter than me however was improper about his predicted 2024 extreme financial contraction. Making predictions is difficult, particularly when it’s concerning the future.)

Steve Parker, M.D.