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>So why is insulin still so expensive, 90 years after it was first introduced? Because the insulin we're using now is a heck of a lot better than the insulin 90
by serf 12y ago
>So why is insulin still so expensive, 90 years after it was first introduced? Because the insulin we're using now is a heck of a lot better than the insulin 90 years ago. You might as well ask why a Tesla is so expensive when the Model T was launched over a century ago.
That analogy would make more sense if I needed a car to continue living. It feels somewhat akin to being okay with amputees having to live with peg-leg style prosthesis in the first-world due to being under-insured.
Some people think that healthcare should be subsidized by societal infrastructures (whatever government you're a part of) due to the inherent benefits that a healthy society provides for itself and its' citizens, not including whatever morality certain folks subscribe to.
In short : People tend to feel as if it is particularly low-brow for pharmaceutical companies to engage in the same type of strategies that you see normal capitalism-centric companies engage in, even if they are driven by that same normal capitalism, economies, and market.
- joshuapants 12y agoInsulin would still be expensive if medicine were subsidized, you just wouldn't see the price tag yourself. I don't disagree with your point, but it doesn't seem entirely relevant.