Hey, you, yeah you, with the pill press, pill binder, and bag of meth “adderall.” Can you press up some of these? They’ll sell, you’ll be RICH and less likely to be busted because if they test for “drugs” it’s clean. You can even keep selling meth too!
Theres an economic theory used to set prices called Supply:Demand Equilibrium wherein you maximize profit by calculating a curve and generating a table where the axis are number of buyers and price bought at.
If the good is a necessity then you can expect a large number of people will buy it regardless of how high the price is, if they have the money, giving the incentive to set the prices higher despite having less demand at that price range.
They can ask til theyre blue in the face but until the governments step in and force them, nothing will change
I’m on a generic of truvada as a preventative. 30 days can be $1500-2000 for name brand no insurance. I get mine for $5 and somehow my insurance, the pharmacy, and the manufacturer are all still making enough money off that $5 to not complain. How the fuck are they getting away with the $2k pricetag
If they sell you pay $5 for the drug and the next person in line pays $2k for the same drug, they are making $1k per patient. They are also writing off the $3k that they could be charging you as a charitable contribution, so they don’t have to pay taxes on the income. They hope that if they keep you alive, some day you will make enough money to pay full retail price.
I take Xolair, which is billed at about $5k for four syringes. Insurance pays $4875 and the Xolair copay program, run by the manufacturer, pays $125. Why are they so willing to pick up the copay? Before four syringes of Xolair cost about $60 in total to produce.
Because the insurance company already paid them way more than it’s really worth. And if the insurance company has agreed to pay that much, it’s because they’re making more than enough profit off their “service” to everyone that they can afford to pay it.
If your medicine used to cost $60 and now costs $5000 thst’s because the insurance company knows they can get that money from its customers.
Oh no, I just looked it up and learned that I get my multi-thousand dollar per month medication for free thanks to a program sponsored by Nestle. I feel dirty. But I also need my medication.
Look at it differently, you’re taking advantage of Nestlé. They’re trying to make themselves look better with the program and adding one more person to their list of “who we’ve helped” won’t really have any impact on their attempt to sanitize themselves or their taxes. It will, however, have a big impact on you.
Just don’t start telling everyone that nestle is paying for your meds. That would be helping them with their image.
You know, your comment was very helpful.
I know that all of these megacorps sponsor all sorts of philanthropic causes for PR and tax purposes. But I also know how evil Nestle is and I don’t find it difficult to not buy their products. …until I just looked up who’s paying for my meds.
But thank you, you are right. I’m using up their money and giving them nothing back.
