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I'm not going to bother fact checking a random comment without any sources, but regarding your second point: do you think "the rest of the world" gets drugs for
by looperhacks 1y ago
I'm not going to bother fact checking a random comment without any sources, but regarding your second point: do you think "the rest of the world" gets drugs for free?
- GoatInGrey 1y agoIt's not for free, though low enough to where no biotech company would make a profit on new therapies at the current R&D spend if the US paid the same rates that everyone else is paying today. This goes for firms on any continent, and a large part of why FDA approval is such a big deal for the international medical enterprise. We could trade reduced innovation for lower prices, but that's a difficult ethical debate to settle given the prevalence of medical suffering from lack of effective therapies. The solution I personally petition for is looking for ways to make drug development more affordable across the board.
- magicalist 1y ago> It's not for free, though low enough to where no biotech company would make a profit on new therapies at the current R&D spend if the US paid the same rates that everyone else is paying today. Where are all the anti-taxes people on this apparent involuntary charity for the pharmaceutical industry?
- ludicrousdispla 1y agoanecdotally, my cost (without insurance) for a prescription medication (for a family member) in Austria was less than my copay for the same medication with insurance (BC/BS) in the US. It's not free, but it's shockingly less expensive, and there are cheaper countries in the EU than Austria.