Message from @Louis
Discord ID: 679514487937826826
I’ve opened plenty of books
"Just cap it"
It should be free
Medicines and medical equipment prices are outrageously markedup by closed door insurance discussions
"Supply and demand means nothing"
It's not.
When it comes to basic human rights, yes, it means nothing
It just isn't.
The price of a thing is set by the consumer.
A thing costs what a customer is willing to pay.
What is marking it up is the government regulations.
Set a cap on the markup, you don't need everyone to have it ~~keeping the scarcity mostly~~ and making it affordable
You people
Make me angry
That is assuming there is a markup. Which there isn't.
And you sir are an idiot then
It's simply regulation, administrative costs and research costs.
It's simple economics.
There is more money to be made if you sell things for cheaper.
Hurr markup doesn't exist
~~How do you think companies make profit dipstick?~~
You idiot.
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
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