4 ms·
>It's "why dont McDonald's hamburgers also cost $600?", and how do we make the market for drugs as competitive as for burgers? Because insurance doesn't pay fo
by pravda 10y ago
>It's "why dont McDonald's hamburgers also cost $600?", and how do we make the market for drugs as competitive as for burgers?
Because insurance doesn't pay for McDonalds. To make the market for drugs competitive, step one is to get rid of health insurance. Or at least health insurance coverage for drugs.
I think the going price for an iPhone is $700. How much would an iPhone cost if you only had to pay 20% of the price?
Do the math, and now THAT's why drugs are so expensive.