The Pickering Post
Wednesday, 12th December 2018

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WHY THE CO-PAYMENT CAN'T BE LESS

Larry Pickering

Four-time Walkley Award winning political commentator and Churchill Fellow, has returned to the fray over concern that the integrity of news dissemination is continually being threatened by a partisan media.

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Joe Hockey’s attempt to minimise flak from a proposed co-payment by limiting it to seven dollars will prove pointless. Around 35% of a budget for each new Government “initiative” is usurped by administration costs and that 35% component rises exponentially with a falling return.

New Zealand’s co-payment is set at $17.50 while Hockey’s $7 proposal will benefit the Government by a mere $5, with $2 going directly to GPs. That smells of static administration cost rising to near $45% of the net benefit to Government.

To push admin costs down to around a reasonable 25% of net benefit the co-payment would need to be at least $15. Independent Senators who are demanding it be lowered from $7 are playing with their genitals.

The patient contribution to the Pharmaceutical Benefits Scheme (PBS) is set to rise from $37.70 to $42.70. That amount is sufficient for the bureaucrats’ costs to be a reasonable percentage of the take. 

It costs the same to administer a $5 tax as it does to administer a $105 tax.

Let’s face it, this mealy $7 co-payment is about asking hypochondriacs to fix their own ingrown toenails and preventing greedy GPs having a friendly “free chat” with 50 nursing home patients before they wander off to the first tee.

And this $5, to be set aside for a multi-billion “Future Medical Research Fund”, is a nonsense with estimates predicated on current figures without taking into account any diminution of visits to GPs.

It's difficult to bring down health costs when a Medical Research Fund is determined to extend life expectancy.

The outrageous cost of medicines is due to chemical companies pricing their patented discoveries at whatever figure they wish, while being fully aware that respective governments will fill the price gap between “reasonable” and “outrageous”.

Medical research agencies, funded by governments, will find it hard to compete with voracious private chemical companies that have made an art form of patented “wonder drug” rip offs.

And if government wants to compete in that field it had better arrange a separate Future Litigation Fund for when it discovers wonder drugs like Thalidomide.



Comments

If ifree it has no value, abused by all and in particular new arrivals send medication back to the motherland, what a joke.

tomo, two words of wisdom "Fuck off"

‘True wisdom is less presuming than folly. The wise man doubts often, and changes his mind; the fool is obstinate, and doubts not; he knows all things but his own ignorance.’

— Akhenaton

‘If the fool would persist in his folly he would become wise.’

— William Blake

‘Impossibility: a word only to be found in the dictionary of fools.’

— Napoleon Boneparte

‘There is no adequate defence, except stupidity, against the impact of a new idea.’

— P. W. Bridgman

‘The difference between genius and stupidity is that even genius has its limits.’

— Rita Mae Brown

‘Almost everybody is born a genius and buried an idiot.’

— Charles Bukowski

‘Any fool can criticise, condemn and complain--and most fools do.’

— Dale Carnegie

‘Any man can make mistakes, but only an idiot persists in his error.’

— Marcus Tullius Cicero

‘It is only the wisest and the stupidest that cannot change.’

— Confucius

‘Inventors and men of genius have almost always been regarded as fools at the beginning—and very often at the end—of their careers.’

— Fyodor Dostoevsky

‘Only two things are certain: the universe and human stupidity—and I’m not certain about the universe.’

— Albert Einstein

‘Insanity is doing the same thing over and over, and expecting a different result.’

— Albert Einstein

‘The two most abundant things in the universe are hydrogen and stupidity.’

— Harlan Elison

‘The wise through excess of wisdom is made a fool.’

— Ralph Waldo Emerson

‘The foolish man wonders at the unusual; the wise man at the usual.’

— Ralph Waldo Emerson

‘To the fool, he who speaks wisdom will sound foolish.’

— Euripedes

‘The heart of a fool is in his mouth, but the mouth of the wise man is in his heart.’

— Benjamin Franklin

‘A science is any discipline in which the fool of this generation can go beyond the point reached by the genius of the last generation.’

— Max Gluckman

‘Only stupid questions create wealth.’

— Gary Hamel

‘Never underestimate the power of human stupidity.’

— Robert Heinlein

‘Mingle some brief folly with your wisdom.’

— Horace

‘Genius may have its limitations, but stupidity is not thus handicapped.’

— Elbert Hubbard

‘Creativity is the sudden cessation of stupidity.’

— Edwin Land

‘He may look like an idiot and talk like an idiot, but don’t let that fool you. He really is an idiot.’

— Groucho Marx

‘An erudite fool is a greater fool than an ignorant fool.’

— Jean Paul Baptiste Moliére

‘Every day I hear stupid people say things that are not stupid.’

— Michel de Montaigne

‘Fools rush in where angels fear to tread.’

— Alexander Pope

‘Any damn fool can be spontaneous.’

— Ezra Pound

‘Some people are confident because they are fools. Leonard had the look of someone who was confident because, so far, he’d never found a reason not to be.’

— Terry Pratchett

‘Those who wish to appear wise among fools, among the wise seem foolish.’

— Quintilian

‘As one grows older, one becomes wiser and more foolish.’

— François de la Rochefoucauld

‘The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.’

— Bertrand Russell

‘It takes a wonderful brain and exquisite senses to produce a few stupid ideas.’

— George Santayana

‘Like a ten-speed bike, most of us have gears we do not use.’

— Charles Schultz

‘An intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius––and a lot of courage––to move in the opposite direction.’

— E. F. Schumacher

‘The fool doth think himself wise, but the wise man knows himself to be a fool.’

— William Shakespeare

‘It is a fool’s prerogative to utter truths that no one else will speak.’

— William Shakespeare

‘There are no foolish questions, and no man has become a fool until he stops asking questions.’

— Charles P. Steinmetz

‘Some people take more care to hide their wisdom than their folly.’

— Jonathan Swift

‘Any fool will make a rule, and any fool will mind it.’

— Henry David Thoreau

‘Let us be thankful for the fools. But for them the rest of us could not succeed.’

— Mark Twain

‘The folly of mistaking a paradox for a discovery, a metaphor for a proof, a torrent of verbiage for a spring of capital truths, and oneself for an oracle, is inborn in us.’

— Paul Valéry

‘Fools act on imagination without knowledge. Pedants act on knowledge without imagination.’

— William Arthur Ward

‘One could not be a successful scientist without realizing that, in contrast to the popular conception supported by newspapers and mothers of scientists, a goodly number of scientists are not only narrow-minded and dull, but also just stupid.’

— James D. Watson

‘Almost all really new ideas have a certain aspect of foolishness when they are first produced.’

— Alfred North Whitehead

Druggie freeloaders on the Government gravy train...pharmaceutical companies heaven....methadone programs another taxpayer funded rort by using druggies who float their days away high as a kite....it is about time we pulled the pin on all of it.......it is a CROCK.

You bloody beauty, has he gone.

Bruce almighty !

I have check the price of many drugs here in the Philippines against the prices that I used to pay under PBS in Australia. I have never found any more expensive here, in fact many are cheaper despite the fact that the Philippines does not have a PBS scheme or equivalent. So how are Australians saving money under PBS? Do the companies merely put up higher prices that come back to normal after the PBS discount?

TA has made himself invisible.

Doesn't even have to be loud enough. Just all these labor people calling it cruel, dishonest and the words relating to poor pensioners, poor unwed mothers, poor families with incomes of $80,000 losing welfare, and people believe them. I can't believe the mentality of many people to think money grows on trees to give to them.

Don't kid yourself, Hotrocks...Abbott bashing has hit staggering highs across the mainstream media...It's a daily game of headlines, slights and negative innuendo that is rarely addressed or refuted by the LNP publicity team. I pointed this out in person, (with a armload of evidence) to my federal Lib member (in a long-time safe blue seat). She was polite and gracious, offered me a cup of 'brewed' coffee, told me she'd pass on my concern, and asked me if I thought it would rain. She has a staff of 12, a trendy office, a boardroom, and a car with a driver. She attends lovely charity events, gets her picture in the local rags and goes to Paris and New York for holidays. When I suggested she may lose her seat in 2 years she thanked me for my visit, and said, 'have a good day.' I didn't.

I've never been 'polled' so I wonder who does? All the employees of the newspaper?

Badjack, the illegal boat was close to Australian waters, if Morrison hadn't done something quickly as he did, they would have had to bring them on shore to CI. Nothing 'good samaritan' about it. Just common sense, get rid of the problem off our shores.

I don't take any notice of those polls, I don't think they're accurate .

I agree, bastards all.

Trillion-Dollar Stealth Fighter Cleared for Flight Training
http://www.wired.com/2012/02/stealth-fighter-training/

Michael Coren & Robert Spencer - Jihad Watch - July 4, 2014
https://www.youtube.com/watch?v=GFSAt57Js7U

Morrison has seen them off and they're pissed off. Go Scott.

Listening to old Prune Face Rabbiting with her pseudoscience clap trap about the carbon end of world stuff I wonder why she tried to puff out her sunken face with carbon from pseudoscience.

Turn Coat Prune Face SHY, Gillarse Los Swanny Little boy Krudd and his tubby wife Communists are great capitalists, so there is no threat anymore, bull crap.

Hey prune face-says socialism is the same as Communism, only better English.