ObamaCare Could Have a Big Impact on the Market for Drugs. But Will It Be Positive or Negative?
Potential shortfalls in enrollment for President Barack Obama‘s health-care overhaul would put a 30 percent dent in projections for U.S. prescription-drug sales in 2017, a report from IMS Health Inc. shows.
That worst-case scenario would translate to $320 billion in drug spending, according to the report. The best case is supposed to be $460 billion, boosted by demand from the health law’s expansion of insurance coverage and medical screenings, and removal of restrictions on pre-existing conditions. (More)
ObamaCare has been giving me a headache for several years now. I wish I had invested in Bayer Aspirin.
I would actually look into pharmaceutical investment, since preemptive care is so big right now, doctor’s may begin pumping out prescription medications.
Maybe they’ll throw it off a float like in mardi gras
Maybe you should invest in some Vicodin to get through the next few years.
More like a cry chamber, it can put us all to sleep and wakeup when the mess is over
“106,185 people enrolled in private health plans through insurance exchanges that debuted Oct. 1 as part of the Patient Protection and Affordable Care Act of 2010. U.S. health officials had a goal of enrolling 800,000 people through November and an estimated 7 million sign-ups were predicted for the first year.”
Just a tad off the mark…
Obama said it would be fixed by November…He didn’t say which November
At this rate we won’t have to worry about it until our kids have kids.
“Still, global spending on drugs is projected to surpass $1 trillion in 2014 for the first time, and reach $1.2 trillion in 2017. The growth of as much as $235 billion from 2012 to 2017 would roughly match the $234 billion increase in the prior five years, according to the report.”
Whether its legal or illegal, people want, and will get their drugs.
Which is a huge argument to the drug war
If we legalized everything though, the amount of care for drug addiction services may rise.
Then the Drug Death Spiral would occur!