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re: Lets talk Yangs HC Plan
Posted on 12/17/19 at 10:53 am to wutangfinancial
Posted on 12/17/19 at 10:53 am to wutangfinancial
I understand but the $4 is not what I want - which is why I am saying compare it to the mean pricing in developed western european countries with advanced economies.
But there is a middle ground, the drug companies are still going to be making tons of money and they aren't going to leave that money on the table IMO.
The advanced countries can still subsidize the cures, but it shouldn't just be the US citizens burden. The drug companies should charge the same or very similar rates in the US and UK for example - this is clearly going to be far higher than the rate in undeveloped / third world countries - as it should be.
I think that the drug companies are fleecing the US citizens because they can via the system, I don't think this would significantly impact innovation - it may result in higher prices in Western Europe if they feel the need to recoup that, but that is fine with me.
I really don't see the drug companies bailing on the US - way too much money to be had, even if we take steps to reduce these kind of costs and bloat, at least IMO.
But there is a middle ground, the drug companies are still going to be making tons of money and they aren't going to leave that money on the table IMO.
The advanced countries can still subsidize the cures, but it shouldn't just be the US citizens burden. The drug companies should charge the same or very similar rates in the US and UK for example - this is clearly going to be far higher than the rate in undeveloped / third world countries - as it should be.
I think that the drug companies are fleecing the US citizens because they can via the system, I don't think this would significantly impact innovation - it may result in higher prices in Western Europe if they feel the need to recoup that, but that is fine with me.
I really don't see the drug companies bailing on the US - way too much money to be had, even if we take steps to reduce these kind of costs and bloat, at least IMO.
Posted on 12/17/19 at 11:30 am to Sneaky__Sally
quote:
The advanced countries can still subsidize the cures, but it shouldn't just be the US citizens burden. The drug companies should charge the same or very similar rates in the US and UK for example - this is clearly going to be far higher than the rate in undeveloped / third world countries - as it should be.
So you think that beaurecrats running nationalized healthcare systems would be willing to accept higher prices just to be nice to U.S. consumers? If they had to charge higher prices to the international markets those markets wouldn't have demand for the products in the first place.
You are effectively saying you are willing to forgoe all new healthcare innovation so that U.S. consumers can pay lower prices.
Edit: Your plan would shrink the international markets and inevitiably force the drug company to charge higher domestic prices based on what you are saying.
This post was edited on 12/17/19 at 11:34 am
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