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Monday, April 08, 2013

Obamacare "Will" Distort Health Care?

Obamacare "Will" Distort Health Care? in [Market-Ticker]

Oh, that explains it.  Romneycare and all.
Let me give you just one example -- a relatively common chemotherapy drug.  I won't name the drug as it might expose my source, but those in the practice of medicine are well-aware of the truth in this regard.
It has a cost including a market profit of about $30/dose.  You can't buy it in the United States for under $100, however.  As a patient you will likely pay 50% to 500% more in a clinic or hospital for that drug.
If you go to one of the nations where it is produced, however, you can buy it over the counter for $30.
So why does it cost $150-500 in the United States?  
Because drug makers colluded with the US Government to make it a crime to buy that drug in some other nation and then bring it into the United States and sell it for whatever you wish to sell it for.  You must have a valid prescription to possess it at all and since that prescription must be for your personal use possession for any other purpose without explicit government permission (such as, for example, arbitrage of price between a high and low priced location) is a criminal offense for which you can be (and will be) prosecuted and imprisoned.

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