4 ms·
> People could still pay for them out of pocket, but without the guarantee of insurance payments the drug companies likely won’t take the risk. this, in my opi
by andrekandre 8y ago
> People could still pay for them out of pocket, but without the guarantee of insurance payments the drug companies likely won’t take the risk.
this, in my opinion, points out a significant flaw in the rush to privatize just about everything:
there are many many “markets” that are either under-served or not served at all because the rate of profit would be (a) too low to “justify” or (b)none at all.
jmo but, there has to be a balance between for-profit and basic research that won’t necessarily be able to be monetized to the extent many in industry would want...
- exelius 8y agoI’m not necessarily against a for-profit pharmaceutical industry... but I certainly am when the entire cost burden falls on us because the pharmaceutical companies band together to prevent our government from negotiating drug prices at the national level like pretty much every other wealthy nation...