Illinois governor signs law capping insulin costs at $100 per month

Re:Illinois governor signs law capping insulin costs at $100... by rayiner on Wednesday January 29, 2020 @12:03PM (#22182876)

Note that the biggest portion of what’s counted as “pharmaceutical advertising” is actually free samples: https://www.insurancejournal.com/news/national/2019/01/11/51...

The TV ads you see for drugs add up to $6 billion, which is a small fraction compared to industry R&D.

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Re:Illinois governor signs law capping insulin costs at $100... by iguy on Wednesday January 29, 2020 @02:46PM (#22184987)

That's interesting. Does the budget count these free samples at retail price? If most of that is in turn advertising, then a lot of the money never existed?

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Re:Illinois governor signs law capping insulin costs at $100... by hinkley on Wednesday January 29, 2020 @03:14PM (#22185296)

Doesn’t that mean that free samples for any product with a greater than about a 3x markup are at a negative tax rate?

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