Earlier quoted context omitted.
The obligatory insurance is also private.
From private company yes, but with private we mean the 'luxury' addon...the obligatory is regulated by the state, but administered by private company's.
Who is “we”?
Open Letter from Gilead CEO: Remdesivir Pricing
101–110 of 114 posts
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#102Earlier quoted context omitted.
> How many years of normalizing and internalizing the utter insanity that is the US medical industrial complex does it take to be able to just say that with a straight face? I hate to tell you, but it's not better in Europe just because the racket is obfuscated by several more layers.
Please back up such an unlikely sounding claim with several excellent sources. Here in the UK, there is exactly one layer: the NHS. It negotiates prices directly with drug suppliers, and as the sole buyer (monopsony) is able to get a great deal. It also sets the prices paid by consumers (the prescription price), which is a flat price charged for all drugs (yes really all of them) and is currently £9.15 (about 11 USD)…
The "Kassenärztliche Vereinigung" in Germany is a tremendous lobbying force for doctors, and they are fully driving health policy here. I've yet to see them do anything positive for me as a patient.
Glad to hear things in the UK are so jolly.
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#103Earlier quoted context omitted.
Some. American drugs companies too, though. They want our bargaining power to be mediated by the coming UKUSA trade agreement so we have to pay through the nose like Americans do. At the moment they either sell to us or lose out on our custom (the NHS is not above refusing to buy a drug on expense grounds). They're trying to make this impossible for us to do by levering political power, because single payer healthcar…
> They're trying to make this impossible for us to do by levering political power, because single payer healthcare doesn't permit them to abuse their market power over here. You’re saying that if you joined some sort of union that you could negotiate from a much stronger position, similar to single-payer healthcare?
Have you ever looked at the amount of money we spend on pharmaceuticals a percent of our total Healthcare spending?
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#104Re: Open Letter from Gilead CEO: Remdesivir Pricing
#105Earlier quoted context omitted.
You're subsidising paying other Americans extremely high salaries. You're also subsidising share holders and C-level people's luxury lifestyle. The same drug wouldn't cost $2b to create in any other country. It's not Europe's fault you treat basic healthcare like any other business to make money from.
If that were actually the case, Europe should've had a huge competitive advantage in drug development and priced the majority American drug companies out of business. Isn't anywhere close to happening, is it?
Various reasons, including patents. Cost is not a "huge competetive advantage" or literally everything would be produced by other countries with fewer regulations for cheaper. There's plently of protected industries in nearly every country.
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#106Earlier quoted context omitted.
Very few people have private health care in Europe, at least in the UK - they are either comparatively very rich or have a job that provides it (again, very rare and probably a job that pays very well to begin with). You will see a lot of buying power from free health care providers as they represent tens-hundreds of millions of people - they will most likely pass on a price gouging drug in favour for others. They wo…
>Very few people have private health care in Europe, at least in the UK In Europe at least in Switzerland quite many have private health care (the price difference is quite small because the obligatory insurance is tremendously high already), and if you think 'we' are rich..you are wrong.
> and if you think 'we' are rich..you are wrong.
Switzerland is one of the richest countries in Europe - it's GDP/capita is the 9th highest in the world.
This place (news.ycom) really has a skewed sense of reality. "Oh, you only got $100k offer straight out of University? That's a low number."
99% of the world lives far below anything you consider average.
For a website full of smart people, you all have trouble recognising your own extreme privledge.
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#107Earlier quoted context omitted.
Who is “we”?
We the people.....of Switzerland
I don't think I've ever heard anyone say "private insurance" to refer to the "supplementary insurance" (Zusatzversicherung / assurance complémentaire / assicurazione complementare), so if it's used in that sense it's not universal.
Supplementary insurance is conceptually different, by definition, from comprehensive private health insurance which provides alternative coverage for what is already covered within the public healthcare system.
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#108Earlier quoted context omitted.
We the people.....of Switzerland
I don't think I've ever heard anyone say "private insurance" to refer to the "supplementary insurance" (Zusatzversicherung / assurance complémentaire / assicurazione complementare), so if it's used in that sense it's not universal. Supplementary insurance is conceptually different, by definition, from comprehensive private health insurance which provides alternative coverage for what is already covered within the pub…
Private Spitalversicherungen im Schweizer Vergleich:
https://www.moneyland.ch/de/privat-versicherung-spital-vergl...
There is even a 'half-private' one
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#109Earlier quoted context omitted.
I don't think I've ever heard anyone say "private insurance" to refer to the "supplementary insurance" (Zusatzversicherung / assurance complémentaire / assicurazione complementare), so if it's used in that sense it's not universal. Supplementary insurance is conceptually different, by definition, from comprehensive private health insurance which provides alternative coverage for what is already covered within the pub…
Private Spitalversicherungen im Schweizer Vergleich: https://www.moneyland.ch/de/privat-versicherung-spital-vergl... There is even a 'half-private' one
What is private/semi-private in that phrase is the hospital room that the insurance covers, not the insurance itself.
Re: Open Letter from Gilead CEO: Remdesivir Pricing
#110Earlier quoted context omitted.
Private Spitalversicherungen im Schweizer Vergleich: https://www.moneyland.ch/de/privat-versicherung-spital-vergl... There is even a 'half-private' one
What is private/semi-private in that phrase is the hospital room that the insurance covers, not the insurance itself.
Not just the room, also better treatment more expensive medication etc
That is whats called private, if you never heard the phrase private krankenkasse...well everyone uses it, it's also the first (maybe second) question when you go into any hospital.