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Agreed, I think that there is typically a balance between profit and ethics. One would hope that companies would follow a code of ethics, but many don’t. As f
by bargl 14y ago
Agreed, I think that there is typically a balance between profit and ethics. One would hope that companies would follow a code of ethics, but many don’t.
As for insurance paying for the drug, that is a reasonable expectation in our current system here in the states. That system is broken on many levels. One example of where bad ethics in another company could potentially overlap with the costs of this drug, Wal-Mart. They do quite the opposite of what this company is doing. Sure they pass the savings onto the consumer, but at what cost. They pay their employee’s so little that many live below the poverty line, a situation that forces them to forgo health insurance. Then those employees without health insurance are forced to pay for drugs, such as this one, on their own. Where as other companies will subsidize health insurance (Whole Foods) and charge their consumers more.
The issue here is that it makes a really good headline and seems atrocious to us as readers. But this is just part of a bigger problem. So when we decide to regulate, we need to attempt to look at the system holistically, not just at this one very outrageous situation.
Also, some people may not be disingenuous, just greedy and immoral...