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    How NADAC, WAC, and ASP Shape Drug Costs

    How NADAC, WAC, and ASP Shape Drug Costs

    April 20, 2026
    The Hidden Costs Employers Don’t See in Traditional Health Plans

    The Hidden Costs Employers Don’t See in Traditional Health Plans

    March 22, 2026
    The Impact of COVID-19 on Patient Trust

    The Impact of COVID-19 on Patient Trust

    March 3, 2026
    Debunking Myths About GLP-1 Medications

    Debunking Myths About GLP-1 Medications

    February 16, 2026
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    January 26, 2026
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    January 22, 2026
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    April 19, 2026
    Understanding of Clinical Evidence in Peptide and Hormone Use

    Understanding of Clinical Evidence in Peptide and Hormone Use

    March 30, 2026

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    Can you tell when your provider does not trust you?

    Can you tell when your provider does not trust you?

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    National health polls: trust in healthcare system accuracy?

    May 8, 2024
    Which health policy issues matter the most to Republican voters in the primaries?

    Which health policy issues matter the most to Republican voters in the primaries?

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Home Politics & Law

Why We Don’t Have Socialized Medicine

Healthcare is a legal entity

Jay K Joshi by Jay K Joshi
May 11, 2024
in Politics & Law
0
Why We Don't Have Socialized Medicine

Marcelo Leal

As we grapple with the complexities of healthcare in America, one cannot help but wonder why we still do not have socialized medicine. The answer lies in the dark underbelly of our legal system and the insidious nature of profit-driven entities.

Lawyers and regulators have created an industry that thrives off targeting physicians and healthcare systems. The tort industry and legal liability industry have grown to such an extent that they now eclipse the very essence of medicine itself. Instead of focusing on providing quality care to patients, healthcare professionals are constantly looking over their shoulders, fearing that a lawsuit could ruin their career and livelihood. While this might appear to be harmful to patient care, it is exactly what the legal industry seeks.

Socializing healthcare would fundamentally change the landscape of medicine, shifting it from a private industry to a public service. While this would bring about limitations on the financial benefits that physicians currently enjoy, it would also provide them with much-needed legal protections. By removing the profit-driven incentives that currently exist in healthcare, we could prevent the exploitation of medical professionals and reduce the burden of legal liabilities they face. The existing system creates a dilemma where many entities profit from targeting physicians in malpractice claims, creating a lucrative industry out of legal actions against healthcare providers. Socializing healthcare would therefore not only benefit patients by providing more accessible and affordable care, but also protect the well-being of healthcare professionals who are essential to our society.

The constant fear of being sued has significantly impacted the way doctors approach patient care, resulting in a phenomenon known as defensive medicine. This defensive mindset pushes healthcare providers to order an excessive number of tests and procedures, often unnecessary, in an effort to shield themselves from potential legal action. As a result, patients may undergo unnecessary treatments and incur higher healthcare costs, all in the name of reducing the risk of lawsuits.

This practice not only increases the financial burden on the healthcare system but also diminishes the quality of care that patients receive. The focus shifts from providing the best and most appropriate care to protecting oneself from litigation, ultimately compromising the doctor-patient relationship and overall healthcare outcomes. The toxic environment created by the threat of legal action not only hinders medical professionals from practicing medicine in the best interest of their patients but also has wide-reaching implications for the healthcare system as a whole.

Instead of working towards a solution that benefits all Americans, the legal industry, spearheaded by lawyers and legal corporate entities, are more concerned with lining their pockets at the expense of those in need of quality healthcare, effectively profiteering off of the vulnerabilities of the healthcare system. Healthcare is a heavily regulated industry. In such industries, the regulations define each industry. And the regulations in healthcare are distinctly legal in nature.

Under such circumstances, it is no wonder that socialized medicine has not become a reality in America. The pervasive influence of the legal system and the profit-driven nature of certain legal entities have created a barrier that seems insurmountable. Remember, most politicians are trained as lawyers, not clinicians. As long as the interests of lawyers and regulators continue to take precedence over the wellbeing of patients, the dream of socialized medicine will remain just that – a dream.

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Jay K Joshi

Jay K Joshi

Dr. Joshi is the founding editor of Daily Remedy.

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Videos

summary

An in-depth exploration of drug pricing, including key databases like NADAC, WAC, and ASP, and how they influence the pharmaceutical supply chain, policy, and patient advocacy. The episode also introduces MedPricer's innovative pricing intelligence platform, offering valuable insights for healthcare professionals, policymakers, and patients.

Chapters

00:00 Understanding Drug Pricing Dynamics
03:52 Exploring the Drug Pricing Database
10:07 Patient Advocacy and Drug Pricing
13:56 Market Intelligence in Drug Pricing
How NADAC, WAC, and ASP Shape Drug CostsDaily Remedy
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Policy Shift in Peptide Regulation

Clinical Reads

FDA Evaluation of Certain Bulk Drug Substances in Compounding: Clinical Interpretation

FDA Evaluation of Certain Bulk Drug Substances in Compounding: Clinical Interpretation

by Daily Remedy
April 19, 2026
0

Clinicians increasingly encounter patients using or requesting peptide-based therapies sourced through compounding pharmacies. The U.S. Food and Drug Administration has identified a subset of bulk drug substances, including certain peptides, that may present significant safety risks when used in compounded formulations. The clinical question is whether these regulatory signals reflect meaningful patient-level risk and how they should influence prescribing behavior. This matters because compounded peptides often sit outside traditional approval pathways, creating uncertainty around quality, dosing consistency, and safety. Understanding...

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