Medicaid Paid Millions For Drugs Not Approved By FDA
November 25, 2008
Washington (dbTechno) - According to a new report, Medicaid paid out over $200 million for drugs that were never approved by the FDA.
The report comes from the Associated Press who carried out the investigation into the unapproved drugs.
What they found was that from 2004 to 2007, Medicaid paid out around $198 million for drugs never approved by the FDA.
This was not just a few drugs, as the investigation found they paid out the money for more than 100 unapproved drugs.
This could be one of the biggest reasons why Medicaid continues to be hurting in regards to meeting budgets and such.
Not only is this an issue of money, but it is also a safety issue as it shows that many people are taking drugs that are not approved by the FDA due to safety reasons.
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So, if there is a drug that can treat someone more effectively with fewer side effects than an FDA approved drug, should someone suffer for ten years to give the FDA a chance to approve it, or should they take that drug regardless of FDA approval? Say someone tries something for a problem they have and it helps them better than an FDA approved drug, with fewer side effects. Should they stop taking it and suffer with an FDA approved drug until they have given the FDA 10 years to test it (even though other non FDA studies may have been done on the drug). Or should they continue taking it? Say they try the drug and it gives them more side effects. They are free to get off the drug and go back on the FDA approved drug.
As long as the person knows the risks involved, as long as they know the drug is not FDA approved, as long as they know what studies have been done on it (and the results), or, if there is a lack of research on the drug, as long as the person knows that, the patient should decide what to take. This whole notion of suppressing self medication to protect the patient is nonsense. If they really wanted to protect us, they would ban cigarettes, a substance that has killed millions.
As long as the person knows the risks involved, as long as they know the drug is not FDA approved, as long as they know what studies have been done on it (and the results), or, if there is a lack of research on the drug, as long as the person knows that, the patient should be allowed to decide what he wants to take. This whole notion of suppressing self medication to protect the patient is nonsense. If they really wanted to protect us, they would ban cigarettes, a substance that has killed millions.
As long as the person have knowledge about the drugs that they are using isn’t approved by the FDA, the risk and side effects that the medication has, i’m not worrying, so why should you? It’s nice that you care as a peson, but let them take that risk.