Hurr markup doesn't exist
~~How do you think companies make profit dipstick?~~

You idiot.

Lower cost = more profit.

Because more people buy.

That's a part of it

But too low and you lose money.

Too high and nobody buys it.

Finally some logic from you

Insulin is marked up 1000% because 2 companies control the supply, other than that healthcare isn't a right, you aren't entitled to a 10 thousand dollar piece of medical equipment

More like you have your head out of your ass.

Or you haven't done your research and taken classes on how companies operate hun

If you subsidize a thing, you will see the price of that thing rise to meet... what the customer is willing to pay *plus* what the government is willing to pay. All you’ve done is artificially add a consumer into the equation.

If you artificially set a price, you will see innovation and progress of the field cease as they are no longer able to charge what the customer is willing to pay. Investment in the industry ceases.

HUMAN LIVES ARE PRICELESS

I will agree with Aldomuz that antitrust laws should be enforced to prevent arbitrary inflation rates from capitalizing on medical innovations. Mylan's acquisition and 400% price hike on EpiPens to capitalize on a market monopoly seems particularly egregious.

@livid_scrooge Says mr Guillotine over here

HR disagrees

**DO NOT** COMPARE MEDICAL EQUIPMENT TO A HUMAN LIFE

@Mersenne but those are not the main drivers of cost at all.

Negro nothing is free

Man didn't discover fire by sitting on their asses

They worked for it

Agreed, they're not. And while that monopoly may have made headlines, the reality is that hospitals are often the largest culprits of market inflation.

@livid_scrooge shut up dotty

You aren't entitled to my medical equipment or services as a doctor without paying for it

HOW CAN YOU WORK FOR SOMETHING YOU DIDNT EVEN KNOW EXIST???

Does anyone understand what that means?

Nope

In the US the vast majority of people get state of the art health care.
You advocate a system where, instead of that, everyone gets a free placebo.

Nah

Here's the thing

More govt always means less freedoms

Livid.png

@Scale_e also costs would go down if government just got the fuck out and occasionally did trust busting.

“Freedom” is a meaningless term

If I can minimize that effect while helping the public I have no issue with helping people as a whole

Go to China you commie

@Louis All they need to do is enforce that patent laws that are already on the books.
Insulin should be generic already.

Healthcare isn't a right for the same reason food isn't a right

At least 90% of the regulations are useless or too complicated for any resemblance of efficiency.

I can agree on that Louis

While people love to admonish the US for the private healthcare system, it's one of the main reasons we're responsible for producing more than half of the world’s new pharmaceuticals over the last decade.