... is still a Death Panel.
Avastin is a FDA approved drug used to fight several types of cancer, including colon, lung, and breast cancers. The FDA approved the drug for use in February of 2004. From what little I know of the drug itself, it works in some cases, providing doctors with another tool with which to fight this terrible disease.
Avastin is expensive. It costs $7700 wholesale per dose. Patients and insurance companies typically pay about $8000 per dose. Having a family member involved with cancer treatments, I can vouch for how expensive it is - no matter what medicines are used. Outrageously expensive? Sure seems so if you're paying for it. Sure doesn't if you are selling it.
Drug companies spend millions upon millions of dollars developing new drugs. Only a fraction of those drugs turn out to be effective and are approved for market by the FDA. In the case of cancer drugs, there is a limited number of doses that can be sold (because, thank God, the market is limited). So, if you are a drug company who has to make a profit to remain in business, you have expensive development, high overhead, and a small number of sales - you have to charge out the wazoo to recover expenses and make a profit.
The FDA has announced that it is delaying a decision on the drug 90 days, until after the mid-term election. This drug, which has been in use in cancer treatment centers for 6 years, is subject to rationing or out and out withdrawl from the market, depending upon the FDA's ruling. What's the issue, you ask?
Obama's FDA has determined that the drug costs too much for it to be made available to cancer patients.
That's right ...
Obama's cronies are going to decide whether or not people are worthy of spending money on for treatment of this disease. If the FDA rules completely against the drug, it is pulled from the market, and no patient can benefit from it. If it is rationed, a government agency is going to decide who amongst us are worthy of receiving the potentially life saving drug.
Why did the FDA postpone the decision? Pure politics ... they don't want to rule against the drug and have it become a campaign issue, where outraged voters would have one more reason to kick these slimeballs out of Washington. They'll wait until after the election, so no matter what they decide, the voters will have no recourse.
This is going to be very interesting to watch play out. If the FDA does what it intends to do, it will set a precedent that is a key to Obamacare - the government's right to decide who gets healthcare.
Death Panels ... a reality under Obamacare, already starting to happen.