r/FluentInFinance • u/The-Lucky-Investor • 13d ago

“Medicare for All” would save the U.S $5.1 Trillion over 10 years Discussion/ Debate

https://www.commondreams.org/news/2018/11/30/easy-pay-something-costs-less-new-study-shows-medicare-all-would-save-us-51-trillion
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u/Ginden 13d ago

How much would we save if overweight adults dropped to below 20%?

Around 170 billions per year in 2016 prices, or $1.7T in 10 years.

Fear not, semaglutide is going off patent in 2033 in US and 2026 in Europe.

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u/SeasonPositive6771 13d ago

That is extremely unlikely.

Much like Eliquis, one of the most commonly prescribed drugs in the US, they're just going to apply for a patent extension and get it. Or they are going to say that you must change the formulation very slightly and conveniently that will help them stay in patent.

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u/limukala 11d ago

You can't get a patent extension that would take it beyond 14 years from the date of approval, which for Ozempic was 2017.

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u/SeasonPositive6771 11d ago

That's what I've heard, but plenty of other drugs have been given extensions, including Eliquis which was originally patented in 2011. It won't be available apixaban in the US until 2028 at the earliest.