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The big mistake Shkreli made was giving 100% discounts to people who weren't insured, but charging full price to insurance companies.
by snovv_crash 4y ago
The big mistake Shkreli made was giving 100% discounts to people who weren't insured, but charging full price to insurance companies.
- throwawaymaths 4y agoThis is what big pharma companies do too.
- ta988 4y agoIt is even worse they negotiate "packages": "If you take our products A,B,C we do a 10% discount but if you take D and make sure that D' from our competitor is more expensive, we do a 15%." They do that with hospitals as well. Offering them free treatments that do good publicity against exclusivity.
- snovv_crash 4y agoI should have added /s. The funny thing is that all the other companies do exactly what he did, but because he is an upstart somehow he ended up getting all the blame.