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New York can FORCE Pharma providers, Hospitals, and doctors to accept its single payer insurance plan. These drug companies and medical suppliers would have to
by bhupy 6y ago
New York can FORCE Pharma providers, Hospitals, and doctors to accept its single payer insurance plan. These drug companies and medical suppliers would have to either cease to operate in NY or go out of business. The resulting vacuum from doing so presents an opportunity for new Pharma entrants, either other incumbent competitors, or new homegrown upstarts in NY. The demand doesn't go away, an there's revenue to be made.
- sudosysgen 6y agoSure, but the state of NY still has to respect patent law.
- bhupy 6y agoSure, the same way that Saskatchewan had to respect patent law in 1947 when it enacted its own single payer system — its population was 1/20th the population of all of Canada at the time.