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It is used in public healthcare, for example, with biologic drugs. According to my rudimentary calculations, Spain has an 80-100B euro public healthcare budget.
by ZeroTalent 2y ago
It is used in public healthcare, for example, with biologic drugs. According to my rudimentary calculations, Spain has an 80-100B euro public healthcare budget. If every person who would benefit from a biological drug treatment received it, that would add close to 40% to that budget.
And in the US, these drugs are much more expensive.
- lxgr 2y agoWhat drug treatment are you referring to, in particular? In many countries, including those with both socialized and private healthcare, insurance companies routinely pay for treatments costing much more than the statistical value of life. Also, these incredibly expensive single-dose cures usually are that expensive because they don't benefit from any economies of scale and/or haven't recouped their investment yet. In competent healthcare systems, the price is driven down substantially sooner rather than later for almost all drugs through negotiations.
- ZeroTalent 2y agoAdalimumab and others. Yes, they do pay more, but not for everyone. Not for seniors in public healthcare.