It’s difficult to tell whether the drugs your doctor prescribes are going to do you any good, especially if your doctor is getting a fat kickback from a pharmaceutical company.
Doctors will tell you this doesn’t happen, but it happens. Just last week Amgen agreed to pay $762 million in penalties to settle allegations that it was essentially paying doctors to prescribe its drugs – lavishing them with everything from dinners and hotels to cold, hard cash. It would be one thing if Amgen was the only company so accused. But just about every major pharmaceutical company has settled similar allegations.
Click here to read my column in The Sunday Wall Street Journal. And follow the link below to read the details of the settlement from the New York Attorney General’s office: