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Then everyone should pay. For some reason, only we do. As far as the crazy-high prices.
by vundercind 2y ago
Then everyone should pay.
For some reason, only we do. As far as the crazy-high prices.
- andsoitis 2y ago> Then everyone should pay. For some reason, only we do. As far as the crazy-high prices. Who are the “we” and who are the “they” in your telling?
- vundercind 2y agoThe US. The rest of the world. Including many countries host to major drug companies. Somehow I don’t think they’ll let those companies’ R&D departments starve if the US stops paying $700 for things that cost other countries $120, or what have you.
- ulrikrasmussen 2y agoI remember reading that part of the problem is that Medicare/Medicaid is not allowed to actually negotiate prices with drug companies but must pay the list price. That seems ridiculous and a legally sanctioned way to basically milk the government and co-insurance payers is money. It appears to have been addressed by the Biden administration though: https://www.hhs.gov/about/news/2024/10/22/biden-harris-administrations-inflation-reduction-act-saves-medicare-enrollees-nearly-1-billion-just-first-half-2024.html https://www.hhs.gov/about/news/2024/10/22/biden-harris-admin...