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Is the cost of insulin price gauging or just free market pricing?

Court Jester said:
Hey OP, how do you measure insulin price "gauging", with one of these?

Ashcroft-gauge-image.jpg
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Is that supposed to be edgy? Mocking insulin price gouging?

Might as well make a thread arguing that people should steal candy from babies and then kick the babies. You might bother someone...


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At any rate, for the rest of us:

Duh, a great example of why regulated capitalism is better than ****-whomever-you-want capitalism.
 
Mr Person said:
Is that supposed to be edgy? Mocking insulin price gouging?
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Gouging??? Who said anything about gouging? The thread topic is about GAUGING insulin costs, is it not?

Mr Person said:
Might as well make a thread arguing that people should steal candy from babies and then kick the babies. You might bother someone...
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Cute babies or stinky crying babies?

Mr Person said:
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At any rate, for the rest of us:

Duh, a great example of why regulated capitalism is better than ****-whomever-you-want capitalism.
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I'm curious, do you believe insulin should be free?
 
Napoleon said:
The drug companies don’t decide the retail cost. That is a question for pharmacies.
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Pharmacies don’t determine the retail cost.

It’s a question for insurers. Or PBMs, to be specific.

Cash price is a terrible way to assess cost for meds. Virtually no one pays cash prices- it’s mostly insurance, and that cost is not even the true cost to patients, since insurers reap rebates from manufacturers to the extent that the copay for some meds actually makes money for the PBM.
 
dockside said:
The drug companies don't need to decide the retail cost. They decide, collude, on the price they will charge the retailers. The retailers, in order to stay in business, have to make a profit. So, they add something to the wholesale cost.

Duh. Of course you knew that. But you wouldn't be able to take the focus off the drug companies if you correctly explained the pricing of drugs and almost every product sold at retail.
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This is wrong in every way.
 
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