Spot on, Adam. But it is not just medication. It is everything. Our culture wants EVERYTHING to be risk free. The end result is that many things have devolved to a vanilla pudding like state where real innovation and advancement is no longer possible.
I would be much more tolerant of the risk-averse if we could a develop a simple check box that would say "I have checked the out to my satisfaction, and I still want to do it." Then I could sign my kid up for a chemistry class where they actually handle strong acids and bases, You could take Vioxx, and my elderly guy with severe cramps could use quinine.