And man those side effects are a real bitch says Dr. Milton Wolf
If there’s one constant message I’ve tried to convey here at TWF (and every television or radio interview I give, every opinion column I write, every speech I give and everywhere else when I can) it is that the free market works and health care is not immune from basic economic laws.
Price controls and regulatory burden are stock-in-trade for big-government types and they always fail spectacularly. Promises of lower prices is the siren’s song but usually sooner rather than later the supply chain dries up. Why? People aren’t stupid. If the government makes it unprofitable to supply a product or a service, people will not supply them. File that one under ‘Duh’. Big-government types then attempt to impose control over the suppliers and force them into service. Case in point: ObamaCare took over student loans to exert more control over doctors entering the field. A free doctor won’t be forced into servitude but one owned by the government in the form of crushing debt will do as he or she is told.
Pharmaceutical companies are not immune from the devastating effects of price controls and regulatory burden either. Add the ever-present lawsuits from ambulance chasing lawyers and it becomes increasing difficult to keep your company’s doors open.
What? You mean profits are not evil. Instead they are the lifeblood of businesses, ALL businesses? Who could have known? Well, anyone with an ounce of logic would know this of course, as would this pharmacist
Michael O’Neal is a pharmacist. He purchases drugs for Vanderbilt University Medical Center. He often deals with drug shortages, but this one is bad. O’Neal is concerned about the availability of electrolytes. They are critical to a babies in neonatal intensive care and seriously ill adults.
Electrolytes are administered to a critically ill patient for nutritional support intravenously. They are given to patients who cannot get their nutrition any other way.O’Neal said he’s concerned that as supplies shrink, measures will have to be taken.”We are dangerously close, we believe, when we will have to ration care to the critically ill. I would say within days or weeks,” said O’Neal.Vanessa Kumpf has her doctorate in pharmacy. She’s also a clinical specialist. She supervises patient nutritional support at Vanderbilt. She knows how important the correct cocktail of electrolyte drugs are to a patient.”If one of the drugs is missing, it can be a very potentially life threatening situation. Your heart, your muscles, your lungs, every organ system has to have the right component of electrolytes,” said Kumpf.There are so few makers of electrolytes that when one drug company, American Regent, stopped production because of quality issues, it sent supplies in a tail spin nationwide.