3 ms·
Why wouldn't it? Two reasons: 1) The people making it can make more money. Sell it to the rich people first at a high price, then gradually broaden the market
by DennisP 5y ago
Why wouldn't it? Two reasons:
1) The people making it can make more money. Sell it to the rich people first at a high price, then gradually broaden the market until you're selling near cost to as many people as possible. That's probably how it has to work out anyway but it gives you great price segmentation.
2) Governments can spend less money. Vast amounts of government money goes to expensive treatments for chronic age-related illnesses. It's a no-brainer for Medicare to cover anti-aging treatments even at fairly significant cost.
The only people who might want to restrict it to rich people are rich customers, and even they don't have a clear economic incentive for doing so. In fact, lowering costs for Medicare can help lead to lower taxes.