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[deleted] t1_j072m5z wrote

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RGB3x3 t1_j075vbi wrote

Yeah, but we're talking about pharmaceuticals in the US. Starting at a high cost for the patient means the company can continue to charge that much while they bring their own costs down. Or even bring the consumer cost up over time.

Just look at Insulin. Costs almost nothing to make, but the patient pays hundreds

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[deleted] t1_j077250 wrote

[deleted]

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Fritzo2162 t1_j079bid wrote

I'm using Cost Plus and can't recommend it enough. I have $89 in prescriptions per month- it's $16 through that site. Last time I was in for a checkup I turned my doctor on to it so he can mention it to those that need help.

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LookAtItGo123 t1_j07rij3 wrote

Heh let's see how long it goes before he suicides with bullets to the back of his head.

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[deleted] t1_j078019 wrote

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Anxious-Shapeshifter t1_j07c35z wrote

Yeah . . . That was removed from the bill.

And is unfortunately a perfect example of this person's point.

In Economics, this is what's considered an "inelastic demand" meaning that if the alternative is death, pharma can charge whatever they want, and people will pay it.

Like that movie Repo Men were they took artificial organs out of people when they couldn't afford the insane debt they took out to get them. The prices were insane because the alternative was death.

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But_Why_Male_Models t1_j07s4x5 wrote

Have a source for that? Biden literally said insulin costs were going to be capped in a speech a month or so ago.

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Anxious-Shapeshifter t1_j08imkl wrote

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But_Why_Male_Models t1_j08m8ta wrote

Scumbag republicans. At least those on Medicare will benefit.

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Anxious-Shapeshifter t1_j08mvxo wrote

Right? They only kept it for Medicare because the government was going to be paying for it. And if it's their spending money they get involved. You'd think it would be counter intuitive for them, seeing as a large portion of their voter base are older baby boomers who likely need cheaper insulin. Buuuut I digress.

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But_Why_Male_Models t1_j08pdyn wrote

They’ll just tell those old republican baby boomers that it’s the democrats fault and they’ll believe them. 🤮

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Anxious-Shapeshifter t1_j08titk wrote

No joke, they would too. I have an aunt that is super republican. She's on welfare, Medicaid and lives in subsidized housing. ALWAYS votes republican. Blows my mind. How she so brainwashed to literally vote against her own better interest I'll never understand.

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blackbeltmessiah t1_j07vcxu wrote

He doesn’t because he’s full of sht

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Anxious-Shapeshifter t1_j08fkfx wrote

Yes the republicans fought to strip it from the bill. Its why it took months longer to pass.

Currently, its only capped if you're on Medicare. Why? Because the government pays for it if you're on Medicare. But for everyone else? They're fucked.

But here's your sources... I think this is every major news site.

https://www.cnn.com/2022/08/07/politics/insulin-cap-democrats-reconciliation-bill/index.html

https://www.cnbc.com/2022/08/07/republicans-block-cap-on-insulin-costs-for-many-americans-from-democratic-deal.html

https://thehill.com/homenews/senate/3591586-democrats-fail-to-overrule-parliamentarian-on-insulin-price-cap-as-gop-votes-no/

https://www.nbcnews.com/health/health-news/republicans-block-insulin-price-cap-really-gone-rcna42177

https://www.benefitspro.com/2022/08/16/35-insulin-cap-removed-from-democratic-bill-pack

https://www.nytimes.com/2022/08/07/us/politics/insulin-cap.html

https://www.axios.com/2022/08/07/insulin-price-cap-reconciliation

https://www.washingtonpost.com/health/2022/08/08/insulin-price-cap-diabetes-senate-republicans/

https://www.cnbc.com/2022/08/16/inflation-reduction-act-to-cap-costs-for-medicare-patients-on-insulin.html

https://fortune.com/2022/08/07/gop-strips-insulin-out-of-pocket-cap-from-bill-republicans-have-just-gone-on-the-record-in-favor-of-expensive-insulin/

https://www.cbsnews.com/news/insulin-price-cap-senate-republicans-block-inflation-reduction-act/

https://thehill.com/policy/healthcare/3547575-democratic-drug-pricing-bill-removes-insulin-cost-cap-amid-bipartisan-push/

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blackbeltmessiah t1_j07v7ow wrote

“That was removed from the bill”… lol? Im not sure the youtuber you are listening to is giving you accurate info. Assuming your goal isnt just to lie about it. 👍

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Anxious-Shapeshifter t1_j08gfju wrote

Man, its comments like that make all of us Millennials look like uninformed dick cheese.

But I'm an optimist, so here's that "I'm Just a Bill" cartoon from Schoolhouse Rock that I HOPE you've seen in school so you learn how the democratic process in America works.

https://www.youtube.com/watch?v=tyeJ55o3El0

Because that's what caused the insulin cap to be removed from the bill. The House (that's the Congress btw) passed it in March, but the Senate GOP fought to have it removed before they would vote on it. So it was removed, they voted and it passed without it.

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FawksyBoxes t1_j079dd2 wrote

If you are on medicare if I remember correctly.

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VicarBook t1_j081gdu wrote

Yes, the $35 cap is only for those on Medicare. Republicans voted against that for everyone. Clearly some people heard $35 and said wow Congress was finally doing something that 95% of the population is for and didn't follow up to make sure that was actually the case.

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blackbeltmessiah t1_j07uinm wrote

Right but the problem is the motivation for the producer to not look at that as more profit isnt there. Lowered production cost just means more money for the producer. This is why there are guardrails being put on insulin. Needs to be placed on a lot more if not the whole system.

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