Greedy Trial Lawyer
Minnesota Doctor Maintains Impartiality Despite 350,000 Reasons To Favor Drug Companies
Category: Gaming The System
When the federal government is spending $28 Billion on drugs each year for Medicaid patients it only makes sense that drug companies would want to have really good friends on the state advisory panels who essentially select the drugs used. Slipping $350,000 here and $350,000 there into the pockets of select panel members for speaking engagements should do the trick, I would think. But, a Minnesota doc says the money don't buy any love. This will be disappointing to Big Pharma.
Minn. Law Sheds Light on Drug Companies
(AP) -- A groundbreaking Minnesota law is shining a rare light into the big money that drug companies spend on members of state advisory panels who help select which drugs are used in Medicaid programs for the poor and disabled.Those panels, most comprised of physicians, hold great sway over the $28 billion spent on drugs each year for Medicaid patients nationwide. But aside from Minnesota, only Vermont and Maine require drug companies to report payments to doctors for lectures, consulting, research and other services.
An Associated Press review of records in Minnesota found that a doctor and a pharmacist on the eight-member state panel simultaneously got big checks - more than $350,000 to one - from pharmaceutical companies for speaking about their products.
The two members said the money did not influence their work on the panel, and the lack of recorded votes in meeting minutes makes it difficult to track any link between the payments and policy.
But ethical experts said the Minnesota data raise questions about the possibility of similar financial ties between the pharmaceutical industry and advisers in other states.
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