News for hackers. Stuff that matters.
Re:Illinois governor signs law capping insulin costs at $100... by amluto on Wednesday January 29, 2020 @11:50AM (#22182644)
This whole cost plus percentage model doesn’t work — it encourages people to drive up costs to increase profit.

I see no reason that pharma manufacturing can’t be done just regular contract manufacturing. The Zika vaccine is a prime example. The US developed the ZIPV vaccine at public expense, and then, for some mind boggling reason, they offered an exclusive license to Sanofi. Imagine if Apple outsourced iPhone manufacturing by giving Foxconn and exclusive license! The US could have solicited bids to manufacture the vaccine and accepted more than one, thus resulting in multiple sources without any IP exclusivity.

Re:Illinois governor signs law capping insulin costs at $100... by zentiggr on Wednesday January 29, 2020 @12:02PM (#22182858)
> for some mind boggling reason,

What, never seen corruption at work? Somebody at Sanofi, or connected to them, was connected elsewhere, and hey, there's your license :) (No, no cash payment.... but my kid really wanted to get into Harvard, maybe a limited endowment/scholarship? You know somebody, right?)

We humans are predictable.

Re:Illinois governor signs law capping insulin costs at $100... by jwbwater on Wednesday January 29, 2020 @01:05PM (#22183767)
This is why I have low expectations of government solutions to high healthcare costs. How about a radical experiment in price transparency like we have with every other commodity? Rather than the US healthcare system becoming more like the UK's NHS, the opposite is happening[1]. The crony capitalists are winning and they are hoping we give their government buddies more control over our lives.

[1]Episode 105 of a podcast called the Accad and Koka Report.