 Demonstrating yet again that pharmaceutical companies will do anything to make a buck, six such companies are under fire by the Florida Attorney General who has issued civil subpoenas concerning potential overcharges to Medicaid in the amount of $100 million. Apparently, the pharmaceutical companies involved in this scam inflated the "wholesale" prices charged to Medicaid, thereby pocketing additional profits at the expense of taxpayers. That pharmaceutical companies would overcharge the government for prescription drugs should come as no surprise to anyone familiar with the dealings of the industry. Companies routinely mark up prescription drugs as much as 500,000% over the cost of the raw ingredients, and they engage in monopolistic, mob-like behaviors to block competing, lower cost drugs from Canada and other countries. In the mean time, the pharmaceutical industry has long since demonstrated its own alarming lack of ethics by, for example, hiding the results of negative drug trials, distorting other trials to show false benefits of drugs, and outright bribing physicians with so-called "consulting fees" if they'll write more prescriptions for their drugs. I've frequently called for criminal investigations of pharmaceutical companies and even the FDA. This action by the Florida Attorney General is a step in the right direction, but it barely scratches the surface of the extremely profitable criminal operation known as Big Pharma.
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About the author: Mike Adams is a natural health author and technology pioneer with a strong interest in personal health, the environment and the power of nature to help us all heal He has authored more than 1,500 articles and dozens of reports, guides and interviews on natural health topics, reaching millions of readers with information that is saving lives and improving personal health around the world. Adams is an independent journalist with strong ethics who does not get paid to write articles about any product or company. In 2007, Adams launched EcoLEDs, a maker of super bright LED light bulbs that are 1000% more energy efficient than incandescent lights. He's also a noted pioneer in the email marketing software industry, having been the first to launch an HTML email newsletter technology that has grown to become a standard in the industry. Adams also serves as the executive director of the Consumer Wellness Center, a non-profit consumer protection group, and regularly pursues cycling, nature photography, Capoeira and Pilates. Known on the 'net as 'the Health Ranger,' Adams shares his ethics, mission statements and personal health statistics at www.HealthRanger.org
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