Ferrari Mailing List: Re: The Price of Pharmaceuticals

Howdy Steve,  -

   I believe the simpliest solution concerning import/export legislation is 
to make our laws the same as theirs.  Whether it's immigration, wheat sales 
to Russia and/or S. Africa, matching other countries tit for tat is the only 
way to achieve equality.   I believe the use of price supports and subsidies 
paid to US farmers is damaging to farmers the world over including those in 
the US.  A short term paycheck with long term consequences.
   To me, it would seem the easiest way to stop import tax wars is to match 
the other countries.
Larry T (67 MGB, 74 911, 78 240D, 91 300D)

www.youroil.net for Oil Analysis and Weber Parts

Test Results http://members.rennlist.com/oil

PORSCHE POSTERS!  youroil.net

Weber Carb Info http://members.rennlist.com/webercarbs

Porsche Road Test http://members.rennlist.com/roadtest/

.

----- Original Message ----- 
From: <BRIGANDBAR [at] aol.com>

To: "Larry Turner" <l02turner [at] comcast.net>

Cc: "The FerrariList" <ferrari [at] ferrarilist.com>

Sent: Friday, May 11, 2007 5:19 PM

Subject: Re: [Ferrari] The Price of Pharmaceuticals
Ken is correct that the actual cost of producing a unit of a medication is
only a nominal cost of the drug itself for the reasons that he has clearly
articulated.
I would, however, question why the patient in the U.S. is expected to

subsidize the socialized medical programs of the rest of the first world, 
as  well

as patients in the third world. There is absolutely no reason why the 
costs

detailed by Ken should not be fairly distributed amongst all of the end 
users of

the world, first and third. And the simple, while I generally eschew

government  intervention it is justified in this instance because other 
governmental

entities are intervening to create artificially low prices in their

nations/markets.
This simple solution would be to place an export duty on all 
pharmaceuticals

exported or produced under license from the United States equal  to 200% 
of

the differential between the mean price in the U.S. and the price to  be 
paid

by the purchaser nation. Perhaps more simply explained by example, if 
Canada

pays one dollar per dosage unit for a specific pharmaceutical while the 
mean

price in the U.S. is five dollars per dosage unit then the export duty 
would

be eight dollars ($5.00-$1.00=$4.00 x 2 = $8.00). This would result in a 
cost

to Canada of nine dollars per dosage unit. Of course, it might be 
preferable

to price this pharmaceutical uniformly at say three dollars per  dosage 
unit

eliminating any export duty yet resulting in a price to the producer  of 
six

dollars for two dosage units, precisely what they are receiving under the

current price model in the example. And, the price would be uniform for 
both

Canadians and Americans and each would contribute fairly for the fixed 
cost of  the

pharmaceutical at time of production, including an amortized cost of

research and development.
Of course this is an oversimplification of the economics of medicine and

pharmacy, but it is only submitted as an example of what could be done 
using

similar numbers and pricing structures. The bottom line would be that 
American

consumers would not be subsidizing the socialist world in the venue of 
health.
Dr. Steve
1964 Rolls  Royce Silver Cloud III    1975 Pontiac GV Conv.
1980 MB  450SL                 1982 RR  Corniche
1988 Rolls Royce Silver  Spur         1994 F-350 Powerstroke  4x4
1996  Bronco                                  2000 Lincoln Town Car
1995 Ferrari 348  Spyder                 2004 Excursion
+ Audrey's 2x MB's
Dr. Stephen B. Spies, CES,  CFI
Director, Forensic Sciences Laboratory
Explosives Engineering  Technologies
Legal Notice:
This message does not constitute  legal or other professional advice, nor
does it create an Attorney/Client, or  other confidential or fiduciary
relationship between the sender and/or any other  party
Confidentiality Notice: This e-mail (including  attachments) is covered by

the Electronic Communications Privacy Act, 18 U. S.  C., Sections 
2510-2521, and

is intended only for the person or entity to which  it is addressed, and 
may

contain confidential or privileged material. Any  unauthorized review, 
use,

disclosure, dissemination, copying, forwarding or  distribution is 
prohibited.

If you are not the intended recipient contact the  sender by reply e-mail 
and

destroy all copies of the original message. If you  are the intended 
recipient

but do not wish to receive communications through  this medium please so

advise the sender immediately.
Electronic  Transmission Security Notice: E-mail transmission cannot be

guaranteed  to be secure or error-free. The sender does not accept 
liability for

any errors  or omissions in the contents of the message that arises as a 
result

of its  electronic (e-mail) transmission.

************************************** See what's free at 
http://www.aol.com.

_________________________________________________________________

To unsubscribe or modify your subscription options, please visit:

http://lists.ferrarilist.com/mailman/options/ferrari/l02turner%40comcast.net
Sponsored by BidNip.com eBay Auction Sniper
http://www.BidNip.com/
and F1 Headlines
http://www.F1Headlines.com/

--

No virus found in this incoming message.

Checked by AVG Free Edition.

Version: 7.5.467 / Virus Database: 269.6.8/797 - Release Date: 5/10/2007 
5:10 PM

Re: The Price of Pharmaceuticals	<– Date –> <– Thread –>
From: LarryT (l02turnercomcast.net)
Date: Fri, 11 May 2007 15:05:12 -0700 (PDT)