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Drugs are phenomenal expense. My medications run over $240 per month and
they have been rising at 10% semi annual rate. Health and auto insurance
have done about the same. As I say, no inflation, just cost of living
increases. Ira.
Norman Phair wrote:
> I was taking a drug that the VA told me they paid $1.00
> for each pill from the drug co. A friend bot the same
> drug from a discount drug store and paid $ 2.40.
>
> Norman E.
>
> Earl Adamy wrote:
> >
> > The jump in ECI benefit costs should not be a surprise to those buying
> > their own health insurance ... I was socked with 40% increase last year
> > followed by 44% increase this year ... switched to another plan which
> > had "only" 11% increase this year. Employers are screaming about health
> > benefit costs. Bottom line is that the HMO/PPO/Insurance companies
> > squeezed the doctors and hospitals to cut rates, doctors and hospitals
> > have done nothing to increase efficiency, doctors and hospitals are now
> > pushing back. Not to mention the US prescription drug costs which are
> > rising rapidly and are the highest in the world ... I need only visit a
> > pharmacy across the border in Mexico (or Canada for that matter) to see
> > the extent to which US consumers are being gouged. Worse yet, the 40+%
> > of US population which can not afford healthcare and drug coverage is
> > being charged full retail prices for healthcare and drugs - 40%-100%
> > higher than the discounted prices paid by HMO/PPO/Insurance companies.
> >
> > Earl
> >
> > ----- Original Message -----
> > From: "Gwenael Gautier" <ggautier@xxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Friday, January 28, 2000 6:46 AM
> > Subject: [RT] Latest numbers
> >
> > > Of course todays numbers were strong, what else did we expect? This
> > was
> > > 99! Remember the Q4 stock market euphoria?
> > >
> > > I venture to think these are the peak growth numbers, from here on
> > they
> > > should cool of. However for inflation, of course this will keep
> > feeding
> > > through, I suppose. So the next numbers might be further inflationary
> > > but less growth. Not what the Fed ordered. Maybe after we'll have a
> > 50bp
> > > hike now, as time is running out to do something significant before
> > > elections get into full speed.
> > >
> > > thinking out loud
> > >
> > > Gwenn
> > >
> > >
> > >
> > >
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