So, other than all the cases where it's completely outside of someones
control, it's in their control ;) We really don't have a good handle on
the root cause of many diseases, and I'm sure we're all guilty of not
taking the best possible care of our bodies.
The tough part I have with capitalism on healthcare is that it's almost
impossible for it to be competitive. I shop around for a mechanic, or a
landscaper or a builder. I'm not going to shop around for drugs and
doctors when I have cancer. I don't know enough to make a qualified
decision and it's not realistic to think I'm going to research every
possible drug, side effect, cost, etc, before I get sick. Or be able to
understand it all and make an informed decision.
On 12/18/2015 9:04 AM, Cameron Crum wrote:
Since when has it been a basic human right? Where does it stop? Why
are others forced to pay for peoples bad habits? Other than congenital
defects, and some accidents, most health problems are due to peoples
choices. If our money is to be confiscated to pay for everyone's
"human right", don't we get a say in how they live? How many other
human rights are being trampled on then?
On Fri, Dec 18, 2015 at 8:56 AM, Josh Luthman
<[email protected] <mailto:[email protected]>> wrote:
Should medicine really be part of a system of supply and demand?
I'd agree on the whole hotel thing - you don't have to stay there
- but when you have some medical condition (and while yes AIDS is
something you can certainly avoid) I think as a society and a
culture we shouldn't deny a basic human right.
Josh Luthman
Office: 937-552-2340 <tel:937-552-2340>
Direct: 937-552-2343 <tel:937-552-2343>
1100 Wayne St
Suite 1337
Troy, OH 45373
On Fri, Dec 18, 2015 at 9:47 AM, Lewis Bergman
<[email protected] <mailto:[email protected]>> wrote:
I can't defend his brashness, but the fact remains that pure
capitalism is the best way demonstrated to date to innovate
and health care or pharma is not exempt. Big rewards encourage
big effort yielding big results. These pharma companies have
something like 7 years until the exclusivity period expires.
That can be a pretty short time to recover investments. This
particular case may be a bit extreme but to say that
capitalism is broken in America is simply ludicrous.
I recently attended my sons graduation from Texas Tech on a
Friday. Thursday night at the hotel was $159 and Friday was
$269. I don't think that is price gouging. I think it is a
reflection of the simple fact that there are fewer rooms
available on that particular night than are demanded at $159.
The equilibrium was found at $259 where supply and demand come
closer to being equal. At that price I still witnessed people
turned away wanting a room due to their poor planning. I don't
think that is price gouging. Their hotel was full at $269 a
night. The next day was $159 again. Since the hotel was full
they probably could have been even higher.
I really don't understand what people have such a huge issue
with the fundamental theory of supply and demand. Yes I
understand that it is a potentially life saving drug. There
are other cheaper treatments. Maybe they aren't as good, which
is why they are cheaper. When did we stop rewarding people for
the value they provide? I know this jerk didn't invent it but
he obviously was willing to reward those who did with a price
they thought fair. Sales over the next few years will prove if
he made a mistake.
Why not force Chuck to sell a unique mount he made for 5% over
cost? Heck, why not only cover his cost? Why not less than
cost and force him to provide his great product for the good
of the people? There is a reason it is named Animal Farm. How
many have read this book? While not about capitalism it does
speak to the kind of central control that skulks below the
overt argument for "controlling" this type of behavior.
I know people might die. I'll put on my really jerky hat and
say "so what?". People die every day for less meaning and in
greater numbers. There is practically a mass suicide movement
going on now with texting and driving. I don't see where
people value there lives or others that much anyway when
reading a text or email is more important than life itself.
I guess I am just a big libertarian at heart. Give me the
loose framework of a "fair market", whatever that is, and let
the system fight it out. The word isn't fair, not ever going
to be fair, stop trying to warp it to be that way.
Have fun with that on a Friday and have a Merry Christmas,
Happy Hanuka, or whatever else gets your boat floating.
On Fri, Dec 18, 2015 at 8:02 AM Patrick Leary
<[email protected] <mailto:[email protected]>>
wrote:
The irony? Your local poor schlub a-hole can be arrested
and charged if he doubles the price of gas, water, or
other life-critical goods after a natural disaster –
that’s a crime in America. Meanwhile, it’s completely
legal for a company to raise a life-critical drug by over
5000% -- that’s capitalism in America.
Shkreli is only the most written about example. This
“business trend’ is all the rage and has been widely
employed in the U.S. for a number of years now.
http://news.health.com/2015/09/25/6-insane-examples-of-prescription-drug-price-increases/
Patrick
*From:*Af [mailto:[email protected]
<mailto:[email protected]>] *On Behalf Of *Ken Hohhof
*Sent:* Thursday, December 17, 2015 8:28 PM
*To:* [email protected] <mailto:[email protected]>
*Subject:* [AFMUG] OT - Martin Shkreli
Apparently this guy AND HIS LAWYER were arrested today.
Everybody knows him as the guy who raises drug prices
5000%, but I did not know he live streams almost daily to
his fans.
Watch the first video, isn't he just like every annoying,
entitled, slacker kid living in his parents basement that
we have to deal with bitching about his Internet? Except
he is CEO of a drug company.
I didn't think it was possible to hate him more, but watch
the video.
https://www.youtube.com/channel/UC8gjB1PSXv_oAUSAQ16S0fA
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