butters
High on a Hill
- Joined
- Jul 2, 2009
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https://www.msn.com/en-us/money/ins...in-stupidity/ar-AASNasJ?ocid=msedgdhp&pc=U531
from people getting sick through poisoning themselves, to people getting sick with covid rather than take the vaccines, to others getting sick from variants up to and including Delta because the unvaxxed were allowing it to transmit faster, and even livestock suffering where their regular supplies of the anti-parasitic weren't available, now there's been a financial study of the costs.
from people getting sick through poisoning themselves, to people getting sick with covid rather than take the vaccines, to others getting sick from variants up to and including Delta because the unvaxxed were allowing it to transmit faster, and even livestock suffering where their regular supplies of the anti-parasitic weren't available, now there's been a financial study of the costs.
Now, thanks to researchers at the University of Michigan and Boston University, we also know the financial toll of the ivermectin craze. In a research letter published Thursday by the Journal of the American Medical Assn., they estimated that Medicare and private insurers wasted an estimated $130 million last year on ivermectin prescriptions for COVID.
"That's not small potatoes," the lead author of the letter, Kao-Ping Chua of the University of Michigan Medical School, told me. The unit cost of ivermectin pills is low — about $1 to $1.50 per pill — but the volume of wasteful prescriptions adds up.
The $129.7 million spent on wasteful ivermectin, the letter's authors calculated, is more than the annual Medicare spending on unnecessary imaging for lower back pain, a low-value diagnostic order that has been widely researched. No one has paid much attention to the ivermectin expense, however.
The researchers' estimate may even be low for two main reasons. One is that their estimate is based on spending by private insurers and Medicare, but not Medicaid, which also covers the drug.
Second, they arrived at their figure by extrapolating from that one week highlighted by the CDC, when the average of new cases in the U.S. was running at about 150,000 a day. On Jan. 12, the daily average of new cases was more than 782,000. If ivermectin claims are tracking new cases, Chua says, then they may be getting filled at more than five times as often as last August.