economic death spiral insurance scam : the more insurance there is, the faster drug prices rise ; the faster drug prices rise, the more people need to buy insurance.
the winner is the insurance industry, where premiums always cover costs, but more and more people need to buy insurance.
no doctor can stay in business charging more than people are willing to pay. insurance changes that and produces this economic death spiral as well.
WASHINGTON -- Wholesale prices for the brand-name prescription drugs widely used by older Americans rose at more than twice the rate of inflation during the year that ended March 31, the AARP says.
``I must give him his due. He has considerably cretinized me.'' Lautréamont
Pics click to enlarge.
Followers
Blog Archive
-
▼
2005
(1422)
-
▼
August
(192)
- Crisis Grows As Flooded New Orleans Looted
- Obituaries in the News
- Katrina Devastation Called 'Overwhelming'
- Supply-side inventor Jude Wanniski dies
- Breaking News from the Times-Picayune
- Box: Herbal Paste Promoted As Cancer Cure
- Superdome Shelters New Orleans' Residents
- Hurricane Katrina Bears Down on Gulf Coast
- French Quarter Calm As Katrina Approaches
- Hurricane Could Leave 1 Million Homeless
- Calif. Wildfire Thrives in Erratic Winds
- Al Sharpton Speaks at Texas Anti-War Camp
- Bush Urges People to Flee Hurricane
- Almanac Warns of Temperature Fluctuations
- New Orleans Braces for Powerful Katrina
- Dueling Demonstrators Descend on Texas
- Oregon Wildfire Destroys Five Homes
- Katrina Heads for Louisiana at 160 Mph
- Firefighters Battle Northern Calif. Blaze
- Floridians Wait for Food After Storm Hits
- Experts Warn Debt May Threaten Economy
- Confirmation Hearings Have Grown Tougher
- University of Calif. Sued Over Creationism
- Martha Stewart Confinement Set to End
- Parts of La. May Evacuate As Katrina Nears
- N.J. Base Closing to Hit Local Schools
- 11-Year-Old Is Accused of Carjacking
- Online Thesaurus Pulls Listing for 'Arab'
- Ala. Gas Station Owner Killed During Theft
- Shuttle Back Home After California Detour
- Armstrong, Bush discuss cancer research, not Iraq
- Ohio Democrats Weigh Governor Impeachment
- Thunderbirds Cancel Show After Mishap
- Insurers Focusing on Children's Health
- N. Korea May Be Willing to Drop Nuke Plan
- U.S. Republican senator says Iraq war similar to V...
- Remains of S.C. Woman Believed Found
- War Death Confirmations Mean Pain, Relief
- Slain Pa. Woman's Ex-Boyfriend Arrested
- 2 Northwest Jets Suffer Mishaps in Detroit
- Judge Orders Northeast Wolf Restoration
- Woman Helps Ill Duck, but State Seizes It
- Peruvian Man Subdued by Pepper Spray Dies
- Small Plane Crashes After Skidding on I-70
- Sen. John Kerry Blisters Republicans
- Miami Drug Agents Launch Air Assault
- Ga. Official's Son Driver in Fatal Crash
- Coretta Scott King to Remain Hospitalized at Least...
- Four Bodies Found in California Backyard
- 2 Officers Fatally Shot in Albuquerque
- N.H. Town Celebrates Centennial of Treaty
- BTK Killer Rader Begins Life Sentences
- 8-Year-Old Boy Dies at Football Practice
- Base Closing Proposal Faces Final Inquiry
- Remains May Be Missing Pa. Pregnant Woman
- File-Sharing Continues at Colleges
- Reid Mini-Stroke Not Uncommon
- DEA Breaks Up Drug Pipelines, Arrests 160
- Police Wonder if BTK Committed More Crimes
- Discovery Poised to Arrive in Florida
- Roberts Scoffed at O'Connor Promotion
- Sen. Harry Reid Suffers Brief Mini-Stroke
- 18 Tornadoes Wreak Havoc in Wisconsin
- Casualties on Rise for Ga.'s 3rd Infantry
- Cooler Weather Won't Curb Energy Problems
- New Field Blends Food Science, Creativity
- Riders Flee Fire on Chinatown Shuttle Bus
- Crawford War Protesters Lead Peace Vigil
- Senators Attest to Alaska Climate Change
- Woman Gets Cable Bill With Derogatory Name
- Doctors Try New Device to Block Aneurysms
- Study: Car Exhaust Polluting Puget Sound
- Gas Thieves Fill Car With Diesel Fuel
- Kan. Teen Dies Playing 'Passing Out Game'
- Trade Group Says Limit Soda in Schools
- Heart Patients Wait Longer on Weekends
- Calif. Gov. Proposes Sex Offender Tracking
- Woman Arrested After Baby Left in Wal-Mart
- Study Describes Bar at Center of Milky Way
- Ex-FBI Whistleblower to Join 'Peace Mom'
- Most Remember Teacher Who Made Difference
- Leahy Lambastes Roberts' 'Radical' Stands
- Family, Doctor Say Rabbit Saved Woman
- Husband of 'Peace Mom' Files for Divorce
- AARP: Wholesale Drug Prices Top Inflation
- U.S. Seek Limits on China Textile Exports
- S.C. Proposing to Redefine Medicaid
- Group Builds Playgrounds to Serve Disabled
- GAO: Supplements Drive Up Textbook Prices
- Long-Lost Steamboat Emerges From Mo. River
- Stewart Crash May Help With Greek Crash
- Irene Weakens, Continues Toward Atlantic
- Family Loses 3 Girls in Ind. Lake Tragedy
- Minn. Divers Recover Plane Lost in 1958
- First Woman White House Head Chef Hired
- N.J. Areas Want Revolution Recognition
- Smoke Rises Over Civil War Cannon Sales
- Man Shot Twice in Same Spot on Same Night
- Bush Approval a Low for Two-Term Leaders
- Tropical Storm Irene Starts Turn From Land
-
▼
August
(192)
