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by hexagonc
4810 days ago
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Whether the US is subsidizing healthcare for other countries is not a function of the amount of research US companies or the government produces. Instead, it depends on the amount of revenue that those companies derive from the US health consumers. I don't have any numbers in front of me but if it turns out that the vast majority of profits for these companies comes from the US, due to our clusterfuck of a healthcare system, and if those extra profits offset the lower revenue from charging other countries less, then that looks like an indirect US subsidy to me (sorry for the unwieldy sentence). If you're not American, I don't see what there is to take offense at. That's just the shitty (for us) way that it is. Due to structural problems, greed, boondoggles, lack of political will, lobbying/corruption, the US simply can't have low drug prices compared to other rich and poor countries. On the other hand, the US enjoys relatively low prices for electronics and other consumer goods (as our Australian friends can attest to). You win some and you lose some. |
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