[iqkznnft]

I think that when people complain about the cost of health care, they're not talking about things which cost a lot to produce. They're taking about things that cost almost nothing to produce, but are priced outrageously because of some wonky market dynamics

[rayiner]

Drugs cost money to produce. Pharma R&D spending has gone up by a factor of 10 since 1980, to almost $90 billion/year. And manufacturing, sales, distribution, etc., aren’t free. EBITDA margins in the industry are typically under 30%. And drugs are just 10% of health care spending. When a cancer or heart attack patient survives instead of dying immediately, they need decades of doctors visits, nursing care, etc.

[iqkznnft]

I think that when people complain about the cost of health care, they're not talking about things which cost a lot to produce. They're taking about things that cost almost nothing to produce, but are priced outrageously because of some wonky market dynamics

[spywaregorilla]

Like a doctor's unhelpful glance