Friday, January 28, 2011

Real World Lesson #2

I just had a patient tell me that his generic colchicine that he takes for gout used to cost $18. It now costs $154. Turns out that the Feds have placed regulations that all old meds have to meet these new testing and other criteria. No one can afford to pay for all these new tests for the meds that have been around since the dawn of time, so guess what? The generics are either vanishing or getting more costly. Real World Lesson #2: Regulations make things cost more.