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Comment Re:Logic Says It Should Be Legal (Score 1) 337

Slapdash procedure like this is a hallmark of socialized healthcare systems. Such systems are good at delivering basic care to the masses at low cost. You just have to forgiving about such things as queuing up for heart surgery and having your hospital bed be out in the hallway because of overcrowding. Complainers will be reminded of Grandma's stories about the Blitz, and how much conditions have improved since then.

Comment Re:Logic Says It Should Be Legal (Score 1) 337

" Because in the Army we were issued an autoinjector in case of exposure to some kind of gas (I don't remember which one) which you were supposed to inject into the muscle in your butt cheek."

This exact Army device is the autoinjector used in Epi-Pen. The patent was wrongly issued because of this government-developed prior art, but Merck and later Mylan have been making billions off this error ever since.

Comment Re:IP law has nothing to do with logic. (Score 3, Interesting) 337

No, the FDA's power to keep products off the market is the problem. The health insurance industry only has the power it enjoys now because it's the patient's only bulk bargaining agent in the current monopoly environment. Except for major medical like heart problems and cancer, the industry isn't even functioning as true insurance - it's just a prepayment system with bargaining power.

The real price of any medical procedure, device or compound is the contract price the insurance company pays for it. Unless you're on Medicare and get a regular EOB statement of payments, patients never even know what this contract price is. As an example, my wife's kidney dialysis sessions are billed out at $3,925 each, for a total of about $600,000 per year. The insurance company's "real price" is $290 per session.

If we had a competitive market in medicine the importance of insurance companies would diminish. Health insurance would go back to being the "major medical" it once was, indemnifying us against hospital stays and catastrophic diseases. The governments and charities which pay for medical services now would save correspondingly, which alone is why competition will be forced on the industry as prices become intolerable.

Comment Re:Conflating several issues here (Score 1) 337

The pharma argument that high US prices subsidize lower prices in other countries is bullshit. Drugs are sold at a profit in every market, except for charitable giveaways in Third World epidemic emergencies. Each market is assessed for what price it will bear.

The other often-repeated myth is that Canada imposes price controls. It doesn't. Its single-payer organization bids for the medications it wants, attracting low prices because it buys a nationwide supply of each device and compound at once, handling its own distribution. Those products it deems to be too expensive are just skipped.

Comment Re:Free market (Score 1) 337

"So Republicans are fighting for price controls and the Democrats are letting the market set the price?"

No, mainstream Never-Trump Republicans are paid for by pharma, and are in favor of doing nothing. Democrats will use price controls and rationing to 'solve' the problem. In Venezuela, these techniques have been great at eliminating patients.

Comment Re: Logic Says It Should Be Legal (Score 2) 337

"Can you imagine if this crap happened with something far more common like insulin injections? "

Actually this same sudden price jump is taking place for insulin, which has been generic for over fifty years. Like Daraprim, insulin is made and sold cheap all over the world - except in the US.

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