There’s an interesting item in the latest AARP Bulletin about the huge pharmaceutical company, Pfizer, and its efforts to prevent the loss of mega-billions in revenue from the sale of their popular anti-cholesterol drug, Lipitor.
Pfizer’s patent on Lipitor has expired, you see, which means that there is now a much cheaper generic version available on the market, called atorvastatin.
But the moguls at Pfizer are not giving up. In fact, they have made deals with many of the health insurance companies, getting them to agree that their prescription drug plans will continue to pay for lipitor, but will NOT pay for atorvastatin.
Now, would one of you conservatives out there tell me again why we don’t need health care reform? Why we shouldn’t have a consumer watchdog? Why we don’t need to regulate these companies?