Such a crass statement. What if you're the patient? Would you spend 2 million to live 30-40 more years? It's so easy to step back and weight the lives of other as if you're making the decision for others.
Not sure it's really easier though, economics and emotional affect are often at odds. Ask people if a hospital administrator should spend 100k on either a single liver transplant for an 11 year old girl, or spread over 100 less expensive life saving interventions for 50 year olds, most people will say save the girl and demand the administrator be fired for even needing to think about it.
(Half remembered but apparently real scenario, though I'm not sure where from)
Why? The way health insurance works, all of those are profitable treatments. There is no "choose one or the other". Sick children/adults becoming healthy adults that can pay for health insurance is not a moral dilemma.
The median income in America is a little under $40000 per person[1], so that $2.2 million pretty much represents the entire financial income of the average American over a working lifetime (55-60 years).
So in essence, you'd be trading the equivalent of one person's entire lifetime of productivity in exchange for the first generation of a radical new medicine whose outcome is unknowable.
I don't think it's crass to err on the side of caution for such a scenario.
These people mostly do get treatment now, for decades, involving regular expensive long term hospital stays. So you're trading already expensive treatments that cut their earnings potential drastically both by cutting number of productive years but also due to extensive sick leave.
So if there even is an increase in the total cost of treatments, it's not at all a given it's a a net increase once account for decades of additional working life.
Yes, but spending it preventing debilitating disease that would cost about the same amount over the lifetime of the sufferer is a no-brainer, even in net econonic output, terms.
ben_w|2 years ago
Not sure it's really easier though, economics and emotional affect are often at odds. Ask people if a hospital administrator should spend 100k on either a single liver transplant for an 11 year old girl, or spread over 100 less expensive life saving interventions for 50 year olds, most people will say save the girl and demand the administrator be fired for even needing to think about it.
(Half remembered but apparently real scenario, though I'm not sure where from)
imtringued|2 years ago
ponector|2 years ago
But as a society with limited resources we need to set priorities. I hope everyone will be able to receive treatment.
However, such treatment is only for rich people, or from rich countries.
Even some countries in Europe are not reach enough to pay for such medicine. Like Zolgensma, which also costs around 2 millions USD to cure SMA.
arcanemachiner|2 years ago
So in essence, you'd be trading the equivalent of one person's entire lifetime of productivity in exchange for the first generation of a radical new medicine whose outcome is unknowable.
I don't think it's crass to err on the side of caution for such a scenario.
[1] https://en.m.wikipedia.org/wiki/Per_capita_personal_income_i...
vidarh|2 years ago
So if there even is an increase in the total cost of treatments, it's not at all a given it's a a net increase once account for decades of additional working life.
imtringued|2 years ago
soulbadguy|2 years ago
What if you are on those 10 poor kids he mentioned ?
I don't agree that OP statement is "crass". It's a very pragmatic and important question we have wrestle with.
esturk|2 years ago
lotsofpulp|2 years ago
dragonwriter|2 years ago