4 ms·
There are a lot of details that people seem to gloss over or haven't heard about. I am not sure if its to be believed or if he was just trying to repair his rep
by seiferteric 9y ago
There are a lot of details that people seem to gloss over or haven't heard about. I am not sure if its to be believed or if he was just trying to repair his reputation, but he claims that jacking prices up on common drugs was to fund R&D into medicines for less common diseases where treatments are very expensive or don't exist at all. I found that to be a compelling argument because as far as I see it, at least he is (supposedly) trying to do something for these people, while others ignore them. Basically getting insurance companies to pay a lot for some drugs (even if it leads to premium hikes) will socialize the costs of developing other drugs.