Here's a GREAT reason why your healthcare is so expensive.
"“Gray market” suppliers, usually small wholesalers or individuals who closely monitor and react to pharmaceutical trends, are scooping up medications as soon as a shortage becomes apparent then selling back the products to drug distributors, other wholesalers or hospitals at inflated prices that can sometimes top more than 1,000 percent of a drug’s original cost. A 2011 study by Premier Inc., which collects and analyzes clinical and financial data for the health care industry, found that propofol, used for critical care sedation, was selling on the “gray market” at 3,170 percent above its original cost. The cardiology drug Labetalol topped Premier’s “gray market” price list at 4,533 percent above cost. That’s nearly 4,000 percent above the 650 percent average the study says most “gray market” drugs sold for. "
Worcester Telegram & Gazette - telegram.com - 'A frightening situation'
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