The Drug Racket 0
How it works:
But the cost per dose is much different: $2,000 versus $50. With a recommended two-year, 24-injection course of treatment, the difference per patient is huge.
Ophthalmologists, who buy the drugs and are then reimbursed for them, used the pricier Lucentis often enough to account for about $1 billion in Medicare spending in 2012, according to recently released data from Centers for Medicare and Medicaid Services. Indeed, Lucentis is a key reason ophthalmologists are at the top of the Medicare list.
It’s not as simple as the excerpt, which was excerpted specifically to be eye-catching, implies. Follow the link for the details, then decide whether “racket” is the right word.