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July 6, 2014

Big Corporation Parasitism and Me

By Rob Kall

I went to a local pharmacy to pick up a prescription- for a 3 month supply. The pharmacy tech plugged my data into their system and the 3 month Rx was rejected, with only a one month supply allowed. To obtain a 3 month supply I had to get it through the company that manages prescription plans for my healthcare insurer. It bothered me that I couldn't get the prescription from a local business giving local people jobs

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Factoring human and ecological costs into price analysis.

Today I went to a local pharmacy to pick up a prescription my doctor gave me-- for a three month supply. The pharmacy tech plugged my data into their system and the three month prescription was rejected, with only a one month supply allowed.

To obtain a three month supply I had to get it through Futurescript, the company that manages prescription plans for my healthcare insurer. (actually, Futurescript is owned by Catalyst Health Solutions Inc., which is a subsidiary of SXC Health Solutions.

It bothered me that I couldn't get the prescription from a local business giving local people jobs.

It may be that it is cheaper for Futurescript to mail order supply the medication. But that can lead to local jobs lost. Local jobs inject spending into the local economy AND pay federal taxes.

Saving ten cents on a prescription might cost fifteen cents or a dollar in terms of lost tax revenues and re-investment in the community economy.

That doesn't matter to a for-profit company. But if we had single payer, medicare for all healthcare, then those other costs would come into play as part of federal, state and municipal budgets.

This raises a few considerations.

  • For profit companies exploit opportunities regardless of the impact on the community or the healthy functioning of the optimized employment environment.

  • Jobs as assets of value can be quantified and added into cost equations that are intended to optimize employment, not just simple cost.

  • Other costs, like pollution and actuarially calculated costs of cancer treatment for the victims, can be determined and added into the big picture cost assessment.
  • Capitalism as an economic system runs with or without the "indirect" costs I describe above. It should not. When companies omit the considerations mentioned above they evade responsibility and literally parasitize the system and local communities. Talk about welfare. That is welfare-- or worse, since it is destructive, which makes it more like an affliction or infestation.

    This is a case where corporations, acting independently are stealing from local communities, stealing from the commons. Libertarians like to talk about getting rid of regulations, but we need MORE regulations to stop the kind of theft big corporations engage in every day.



    Submitters Bio:

    Rob Kall is editor-in-chief, publisher and site architect of OpEdNews.com, President of Futurehealth, Inc, and an inventor. He hosts the Rob Kall Bottom Up Radio Show, aired in the Metro Philly area on AM 1360, WNJC. Over 200 podcasts are archived for downloading here, or can be accessed from iTunes. Rob is also published regularly on the Huffingtonpost.com

    Rob Kall Wikipedia Page

    Rob is, with Opednews.com the first media winner of the Pillar Award for supporting Whistleblowers and the first amendment.

    See more Rob Kall articles here and, older ones, here. To learn more about Rob and OpEdNews.com, check out A Voice For Truth - ROB KALL | OM Times Magazine and this article. For Rob's work in non-political realms mostly before 2000, see his C.V..  and here's an article on the Storycon Summit Meeting he founded and organized for eight years. Press coverage in the Wall Street Journal: Party's Left Pushes for a Seat at the Table

    Here is a one hour radio interview where Rob was a guest- on Envision This, and here is the transcript. 

    To watch Rob having a lively conversation with John Conyers, then Chair of the House Judiciary committee, click hereWatch Rob speaking on Bottom up economics at the Occupy G8 Economic Summit, here.

    Follow Rob on Twitter & Facebook. His quotes are here

    My articles express my personal opinion, not the opinion of this website.

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