11 ms·
> Why do you think that only the wealthy will have access to these treatments? To begin with, the companies providing them will have to reach break-even and, i
by derleth 16y ago
> Why do you think that only the wealthy will have access to these treatments?
To begin with, the companies providing them will have to reach break-even and, in a field like biotech with huge up-front costs, that means making a lot of money from the first clients. Rich people have a lot of money.
> Something expensive, but that should be covered by most health insurance.
Then we're talking about different things. How often does health insurance pay for treatments that are still somewhat unproven in the real world?
> He gave an objective definition of "poor" he was using in his prediction
Right, and everyone seems to ignore the fact that, as measured on an objective scale, how a culture defines 'poverty' creeps up that absolute wealth scale as the culture's wealth grows. For example, at one time kings and rich industrialists could die of appendicitis; now, only the most desperately poor are so deprived of healthcare that having an inflamed appendix is a death sentence.