Price gouging, oh ignorant one. Gross profits of 97.5% at the expense of women in danger of pre-term labor. Or, is it ok to endanger unborn kids because a mom can't afford a previous affordable medication, but abortion is bad no matter what. Is profitting off abortion ok?
In this case, it is immoral and should be illegal. do some research on what we were talking about before chiming in some premeditated robotic babble, Mr. Derp.:crazy:
don't know about you but I want the most experienced and educated doctor I can get. If he gets rich in the process then so be it
Doctors in Australia and the UK start an average of 2 years earlier in their practices, versus their US counterparts. Both of those health-care systems have been graded better than our own.
so what's the line between acceptable profit and gouging? You really want the gov't making that call?
Gross profits as a measure is absolutely silly, especially in an enormously risky business steeped in R&D and overwhelmingly regulated.
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No, but the sad part is that most corporate indenties are primarily concerned about their quarterly report, versus the average Joe taking their medicine and dealing with possible life-threatening issues. Which is another reason that medicine is so high, people suing the corporation for bad R&D.
That isn't the whole story.Papa, just to reiterate: this company had ZERO R&D costs. It was a drug already widely used. The company simply applied for exclusivity. Went from $10-$20/dose to $1,500/dose. That's immoral. End of story. That is unable to be defended, even for the most rabid free market folks.
graded by whom?
and I personally don't want a doctor that has his income limited by bureaucrats. If he's the best then he gets paid top dollar. Start paying $75k to doctors and that's the care you'll get
is anyone still under the impression that a corporation is supposed to care about its customers over everything else?
I didn't say government regulated. I'm talking about hospitals not over inflating a salary from the start.
so what's the line between acceptable profit and gouging? You really want the gov't making that call?
in this case the company will sell about zero units since they aren't the only ones able to make the drug
When you offer a service to people, those people should be your utmost priority. Caring about people and producing a positive quarterly statement should go hand in hand. That's just the way I view things though.
they aren't inflating them out of the goodness of their own heart. These new doctors have gone through undergrad, med school and internship. Many others continue and go into a specialty requiring even more time before they practice.
it would be like arguing a person with an MBA or a PhD don't deserve any more that the BA in Art History
Education does not equal entitlement, no matter the field of study or application. There are too many over educated fools out there, that make bad life decisions and cost people their jobs, and that's in any field.
I noticed you listed it in the order or money then people. Was that on accident, or just your true thoughts on why people go to med school??