Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by xyzzyz on Sunday July 11, 2021 @11:12PM
(#27806547)
So are the nannies and the landscapers. Are these also a racket?
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Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by pkphilip on Monday July 12, 2021 @12:15AM
(#27806990)
It is just amazing to watch people in the US defend the price gouging in healthcare in the US.
The medicine prices are MUCH lower in other parts of the world - including in places where the cost of living is much higher than in the US such as Norway and Switzerland.
The cost of Insulin is 8x higher in the US than in comparable countries around the world.
https://pharmanewsintel.com/news/insulin-prices-8x-higher-in...
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by jacobolus on Sunday July 11, 2021 @11:24PM
(#27806627)
Services from nannies and landscapers are nontradeable goods. See https://en.wikipedia.org/wiki/Tradability
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by mlindner on Monday July 12, 2021 @01:04AM
(#27807214)
Drugs are almost non-tradable goods because of all the regulations and differences in drug standards between countries.
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by naasking on Monday July 12, 2021 @10:22AM
(#27810562)
So they're artificially non-tradeable, not innately non-tradeable like the other examples.
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by stjohnswarts on Monday July 12, 2021 @09:11AM
(#27809858)
We're talking western countries, not places where you would expect it to be less like Mexico, India, Brazil. Basic domestic services are going to be about the same across various western countries. Drugs and health services in general are 2-4x what other western countries pay AT A MINIMUM. Most have free health care.
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by hnbad on Monday July 12, 2021 @04:58AM
(#27808402)
Maybe I'm weird but I don't have a nanny or landscaper and neither does anyone I know or any of their relatives that I'm aware of. But I pay a flat €5 for most prescription drugs (the rest are free) and my public health insurance costs are capped at about €700 per month (and I get to keep it for free if I become unemployed).
Re:Biden launches action on "Big Tech, Big Pharma, and Big A...
by throwaway743 on Monday July 12, 2021 @04:16AM
(#27808168)
Are you that out of touch to not realize those services are luxuries and not life saving health treatments?