So -- Why does healthcare cost so damn much? (warning: novel-length post)

#51
#51
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
 
#52
#52
Profits should never be illegal.

Price gouging. Gross profits of 97.5% at the expense of women in danger of pre-term labor.


In this case, it is immoral and should be illegal.

Edit: I saw justin in the name. Mistook you for vfjustin apologies.
 
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#53
#53
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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#54
#54
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?

so what's the line between acceptable profit and gouging? You really want the gov't making that call?

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:

in this case the company will sell about zero units since they aren't the only ones able to make the drug
 
#55
#55
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.
 
#56
#56
Risky sexual behavior was listed as an action associated with the highest causes of death, yet nothing on the list pertains to anything sexual, unless papiloma is a leader in fatal cancer.
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Bump.

Can the OP offer an explanation?
 
#57
#57
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.

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
 
#58
#58
so what's the line between acceptable profit and gouging? You really want the gov't making that call?

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.
 
#59
#59
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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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.
 
#60
#60
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.

is anyone still under the impression that a corporation is supposed to care about its customers over everything else?
 
#61
#61
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.
That isn't the whole story.
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#62
#62
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

I didn't say government regulated. I'm talking about hospitals not over inflating a salary from the start.
 
#63
#63
is anyone still under the impression that a corporation is supposed to care about its customers over everything else?

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.
 
#64
#64
I didn't say government regulated. I'm talking about hospitals not over inflating a salary from the start.

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
 
#65
#65
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

The government makes those calls daily. The government passed anti-trust legislation to prevent this type of activity.


I want someone to step in when a drug (or anything else) goes from $10-$20/dose to $1,500/dose simply because someone applies for and receives exclusivity for a drug that has not been changed whatsoever and used for years, absolutely, YES.

Until lawsuits are filed against compounding pharmacies for violating the exclusivity granted the company.
 
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#67
#67
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.

difference between the local level and the board room. Assuming J6P is the main focus of the CEO is a little crazy
 
#68
#68
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.
 
#69
#69
Price gouging. Gross profits of 97.5% at the expense of women in danger of pre-term labor.


In this case, it is immoral and should be illegal.

Edit: I saw justin in the name. Mistook you for vfjustin apologies.

You've been reported.

Ban is coming :)
 
#70
#70
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.

Why do people go to med school?

It's to make a lot of money and help people out.
 
#72
#72
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.

no one said anything about entitlements but the fact is more educated/skilled people are paid more. One would hope the fools in that profession get weeded out early enough
 
#73
#73
less people are going to med school and the reason isn't because they are making too much money.
 
#75
#75
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??

do you realize how much debt people have when they come out of med school? you can be the most charity filled person on the planet and still not want to take on that debt to become a doctor if it pays poorly.
 

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