3 ms·
> The lack of "affordable" healthcare really isn't a concern for the six figure tech worker class Isn't it? Let's do the math... A leukimia treatment drug that
by atmosx 10y ago
> The lack of "affordable" healthcare really isn't a concern for the six figure tech worker class
Isn't it? Let's do the math... A leukimia treatment drug that is virtually free in most advanced European healthcare will cost virtually 0 USD/year.
In india the same drug might as far as 2.5k/year. In the USA the same drug (patent hold by Novartis) costs 70k/year.
Let's say you are living in SF. You get paid anywhere between 80 and 120k/year at a top IT company and you have to give 70k/year away: 120-70 = 50k. Are 50k/year enough to live in SF, Silicon Valley or the Bay Area?
- curiousphil 10y agoGenerally speaking good healthcare (insurance) is going to cover the majority of the cost of the drugs for the person that has it.
- atmosx 10y agoTo be honest I didn't take that into account but I guess you're right.
- cr1895 10y agoYes, assuming one remains employed and still has this great employer-paid health insurance while needing this hypothetical $70k/year drug while fighting leukemia. I really do wonder though, since there's zero guarantee in the US that one would remain employed through all of this.
- atmosx 10y agoFor posterity, the 70k/year is a real[1] number. [1] https://www.theatlantic.com/health/archive/2013/04/why-chemotherapy-that-costs-70-000-in-the-us-costs-2-500-in-india/274847/ https://www.theatlantic.com/health/archive/2013/04/why-chemo...