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by BoorishBears 3439 days ago
Mind you I have no qualification on the subject matter so I'm reluctant to share the results of my attempts to parse the situation and I could be completely wrong, but it sounded to me like there was a drug that was cheap but not very profitable, and he hiked the price to make it more profitable.

He argues most patients won't directly experience that hike because of insurance, and that no one who can't directly afford the increased price will be denied access to it because of Turing's assistance programs. He also argues that the real issue is that there's nothing stopping the company from trying to extract that money from insurance companies, and the government in some cases (and from that I infer that it's a case where if you're the company not taking advantage of the system, you won't be a company for long). And that all the vitriol at the price hike should be directed at what's a fundamentally broken system, in his opinion.