Can doctors' own stock in a medication they subscribe that's new on the market w/ no generic & is very expensive?

[RamblingRose]

[jimfields33]

1. I don't see why not. I'm sure a lot of companies that charge a lot for items

Buy stock. The plane making companies for example.

[MineralMan]

2. There are no rules or laws against that.

So, the answer to your question is, "Yes, they can."

[RamblingRose]

3. My new neurologist put me on Xcopri which costs over $1,000/month which fortunately my insurance pays

I told him I'm having double vision & other side effects but he really wants to keep me on it but did lower my dose

[csziggy]

6. After my hospital stay in January, my doctor put me on two new drugs

90 supplies of both of them is $1100 - not total, that's my co-pay. Even with excellent insurance, it's that high.

Both are relatively new drugs, with no generics. Both drugs are heavily advertised. But as my doctor says, "They work."

Fortunately, I can afford them, but dang, that is a big chunk of my budget.

[Silent Type]

4. If it's a large publicly traded company, yes. If it's a smaller -- privately owned company -- it's

not as clear.

Medicare/caid, etc., have tough laws for anything approaching a kickback, inducement to prescribe, etc.

At that point, they probably need to talk to a lawyer or they might be talking to the HHS OIG and DOJ.

Of course, most drug companies are large.

[bif]

5. You subscribe to a magazine

You prescribe a medication. Just sayin'.

[RamblingRose]

7. "Ask you doctor about 'x'" I didn't ask. He said it was a new med. to treat partial onset seizures (Mitch McConnel)

I wish there was a disclosure before he kept upping my dose from the recommended 200mg to 350mg. I want off but have to ween off.

[Wonder Why]

8. It's a matter of ethics and SCOTUS says you don't have to have any.