$84,000 Hepatitis C Drug For $1500 by Buying It From India

price gauging is a crime, should be a federal crime with a 10 year mandatory sentence for Medical items

 

It costs less in other affluent countries because it is subsidized, which means the wealthy do pay more... As they should.

 

Okay. Well, that's pathetic. I would steal ****

 

lol! Good luck finding a lawyer that will take that case.

 

So much for the notion of private property rights.

A lefty, I'm guessing.

 

And if someone can not afford it they simply die
Must be the compassionate conservatism we hear so much about (but never see)

 

Charity is a very tricky business with lots of pitfalls. You can't just give people stuff because they usually can't afford it because of choices they made in life. By giving them free stuff, you merely subsidize their poor choices that got them there in the first place.

There's always those beggar places where people ask for money on the internet, I guess.

Good luck!

 

Not being able to afford a medication that is $80k+ a year means they made bad choices in life? Get real, the vast majority of people in this country do not have that kind of money. It’s even more corrupt when you can get the same medication for one fiftieth the price in other countries.

I hope you never wittness someone you hold dear having to decide between their home and a few more years of life.

There are some truly disgusting human beings on this planet.

 

It's a cute appeal for sympathy, but emotions don't pay the bills. Those guys who developed the drug have bills to pay. Do you have any idea how much it costs to insure a lamborghini!?!?!?

You see, the emotional thing might sound like a good argument to you, but until you can explain the principle you are using to arrive at your idea, it's nothing but words. Where's your principle?

 

Where are all the single payer market hep c drugs to complete with the ones produced by the free market?

 

Single payer solves the problem of price gouging by not producing products that can be gouged.

You can't be mad about the price of a hep c drug that doesn't exist.

 

It's really easy.
When I go in the donut hole I buy the same drug from Canada for about $5 more than my copay.
Please don't miss - same drug.

 

Yes, manufacturers charge different prices for different markets. Canada probably put a limit on what it's national health service will pay for certain drugs, so the manufacturers had to decide between having a market in Canada for their drug, or having no market in Canada for their drug.

That happens all over the world. It's called "charging what the market can bear".

 

Yep. That is what single payer could fix.

 

Then talk to your state governor and explain how you think a statewide single payer health insurance program would be so much better than what you have now.

Good luck!

 

How do you order your inhaler from India? Do you have a link?

 

FUNCTIONAL MONOPOLY.

 

Sorry, but we have laws against that sort of thing.

 

From GritPost:

As CNBC originally reported, Goldman Sachs published a report on April 10 called “The Genome Revolution,” which evaluated the question, “Is curing patients a sustainable business model?” Analyst Salveen Richter explained that new forms of long-term cures involving gene therapy may be good for humanity, but bad for capitalism.

“The potential to deliver “one shot cures” is one of the most attractive aspects of gene therapy, genetically engineered cell therapy, and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies,” Richter wrote. “While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.”

https://gritpost.com/goldman-sachs-illness-business/

I think most of us know that curing patients is bad business, but it's shocking to actually see one of the biggest capitalists admit it so openly.

 

Sorry, but you don't seem to know what a "functional monopoly" is.

 

I know what a monopoly is, and unless it's the state, then they're illegal.

If you think adding "functional" to it changes anything, I'm all ears.

ahh okay, I googled the term and it's like microsoft back in the day. Sorry, but I'm not seeing what good that will do. It just means that they don't have any real competition, so that's not going to lower costs any.

 

So you think that if there is essentially no real competition, a company isn't going to raise it's prices to what the market will bear?? Why not?

 

Of course they will. A functional monopoly is just like any other business, except that they don't have any real competition. And all businesses look for ways to maximize profits.

 

I agree, prosecutors go after gas stations, not huge pharmaceuticals

 

in countries with single payer healthcare

im trying to imagine being the kind of person whose heart bleeds for the plight of poor pharmaceutical executives not getting as much profit as possible and i just can't

i mean, yeah, i think that private property rights are bullshit and that capitalism should be overthrown and replaced with a cooperative economy based on use and occupancy based property norms, and most people call that communism