Medicare denies more claims than all private insurance combined

[mrstickball]

jjseth said:

mrstickball said:
Manus,

Don't divert my discussion with JJ. I was talking about funding and proved him wrong. If you'd like to discuss private/public breakthroughs, we can start up a different discussion.

You proved me wrong?  Honestly, you believe that?

26.4 Billion dollars is nothing to sneeze at and is a huge chunk of money to develop new breakthroughs.

As Manus said above, the groundbreaking work is done with federal money.  When it proves to be a technique that could make a company ALOT of money, they will pick it up and perfect what was already discovered to make themselves huge profits.

Look at any drug that has a similar version that has been out for the long term and generics are made now.  They are cheap and you can get a 30 day prescription for $4 at Wal Mart.   But if you want the name brand or a "New"(When I took it 3 years ago) drug like Nexium, I had to pay $120 for a 30 day supply.. That was with my insurance too.  Prilosec was out first and now you can get it OTC and is far less expensive than Nexium.  They are similar drugs, but slight differences in them.

You are lumping all the funding into just "research" not just "Break throughs".  Can you provide evidence that all the money funded by corporations funds many "Breakthroughs"?  Or are they just spending the sure money on drugs/procedures that were already developed but need perfecting so they can make profits?

So please.  Show me how you proved me wrong. :)

Let's see:

The thing is Kasz, take a wild guess who puts the majority of money into medical research?   The Government does already. 

I asked you about this. You were wrong. The government does not provide them majority of research dollars. You showed me NIH data, and I showed you that they do not provide the majority of funds for research. If you want to provide other data points showing the government funds more than the $30 billion cited, then I certainly would like to see it.