Sen. Bernie Sanders and other progressives seeking the Democratic presidential nomination are zeroing in on pharmaceutical and insurer profits, money they say would be better spent providing health care for everyone under 'Medicare for All.'
Sen. Bernie Sanders and other progressives seeking the Democratic presidential nomination are zeroing in on pharmaceutical and insurer profits, money they say would be better spent providing health care for everyone under"Medicare for All."
"My view is that we are having a debate in fantasy world," said Marc Goldwein, senior policy director with the nonpartisan Committee for a Responsible Federal Budget."Insurer profits and excess drug costs are large in dollar terms but small relative to the size of national health expenditures." In a statement, Sanders' office said he believes that"guaranteeing health care for all Americans as a right requires ending the profit motive of the insurance industry."
"Insurance companies do not have a God-given right to make $23 billion in profits and suck it out of our health care system," Warren said. For drugmakers, the AP asked FactSet, a global financial data firm, to run the numbers for major pharmaceutical and biotechnology companies. FactSet focused on 19 companies that are part of the Standard & Poor's 500 stock index. Its analysis found they made $71 billion on revenues of $385.5 billion last year, with an average profit margin of 18%. The list included Johnson & Johnson, Merck, Gilead, Amgen and Pfizer.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
AP: States boost flood prevention as damage costs soarJEFFERSON CITY, Mo. (AP) — After devastating flooding this year, Iowa put $15 million into a special fund to help local governments recover and guard against future floods. Missouri allotted more...
Baca lebih lajut »
AP: States boost flood prevention as damage costs soarJEFFERSON CITY, Mo. (AP) — After devastating flooding this year, Iowa put $15 million into a special fund to help local governments recover and guard against future floods. Missouri allotted more...
Baca lebih lajut »
A$AP Rocky Opens Up After Release From Jail in SwedenRocky posted a photo to Instagram to thank his fans and supporters on Friday.
Baca lebih lajut »
Hospitals flood with patients as dengue fever outbreak strikes Asia — AP Images SpotlightRT AP_Images The Philippines' Department of Health declared the country's outbreak of dengue to be a national epidemic. AaronFavila
Baca lebih lajut »
Ahead of A$AP Rocky Verdict, Swedes School Trump With Mock IKEA ManualAfter Donald Trump tried to meddle in A$AP Rocky’s ongoing court case in Sweden, tweeting a plea to release the rapper at the urging of Kanye West, two Swedish creatives made a fake IKEA manu…
Baca lebih lajut »
AP: States boost flood prevention as damage costs soarJEFFERSON CITY, Mo. (AP) — After devastating flooding this year, Iowa put $15 million into a special fund to help local governments recover and guard against future floods. Missouri allotted more...
Baca lebih lajut »