3 ms·

So whatever value can be extracted by holding lives of patients hostage?

• refurb 10y ago
  No the value offered to the healthcare system. If a disease is costing a public/private payer $100K per year, if I price my drug at $30K per year and eliminates all other costs, I'm saving everyone $70K per year. That is offering real value and should be paid for.
  • dv_dt 10y ago
    So if I offer a drug that saves someones life, is the value the rest of their life, plus whatever society derives from that person too? Do I get to set a price that is 98% of that? I suppose they need something to live on so 80%? But then you see charities and and families holding out the tin cup so sick relatives can get their chemo treatment - so there's a path to extract some of the 'social' value of that person too... Blithe statements of pricing at "value" are not the simple open and shut cases they are made out to be - and IMHO for healthcare are corrosive to our society and economy.
    • refurb 10y ago
      So if I offer a drug that saves someones life, is the value the rest of their life Yes, yes it is. That's exactly what the UK does. 30K GBP/QALY (quality adjusted life year). People might not like it, but there are finite resources in this world and prices have to be put on everything, even people's lives.
    • deleted 10y ago
      [deleted]