Verify: Insulin Cheaper in Canada

Why is this allowed?

Should a drug that is necessary for life be vulnerable to monopoly price gouging from one country to the next when it's right across the border?

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wgrz.com/news/local/verify-insulin-cheaper-in-canada/434153171

Forgot the article

>99.999% of your customers are """""""paying"""""""" with insurance that is subsidized by the government

>I wonder why the prices are going up

Brainlet thread, kys

>Implying that just because it's subsidized that the rapidly increasing deductible doesn't effect people anyway especially with the lack of wage increases

Rude

Medicine should have a fixed price based on how much is available and how many people need it. Monopolies follow this rule because if they can't cater their prices to 90% of a population (generalizing based on US incomes), then they won't make maximum revenue.

So the Canadian healthcare system is slowly increasing its prices because the current system is metastable?

Because one company makes it, Novo Nordisk. If you want it to be cheaper get other people to make it also, relatively cheaply. GLHF.

I mean, Novo Nordisk makes most of it. They can slowly increase price until no one will pay for it and then someone else steps in.

>what are price ceilings
Kys yourself

>kill yourself yourself
damn you must really hate him

Countries with centralised healthcare have a shitload more buying power. America pays 10x more than the rest of the civilised world for most prescription drugs.

>insulin first synthesised in Canada
>American corporations buy it from Canada
>you can't buy it from Canada bcoz regulations
it's called a "captive market"

That's where the monopoly comes in though. No one can make a generic version because of the patent that they refuse to release because they're maximum jews. This is true of Novo, Lantus, etc.

You can never have a true free market for inelastic goods that people need to survive. These are also the markets where the US has the most problems: housing, food, health care, transportation...

The rest of the developed world has already learned a lesson the US will be slow to learn.

the problem is not the company
the problem is the government & the whole shitty concept of patents

>get rid of patents
>companies no longer have a reason to innovate

Oh wow it's really obvious how stupid your idea is.

because humans are assholes who don't care about concequences until it's too late

so, slavery with extra steps?

>be retarded American
>repeat stupid shit you've been taught
>whine about high price of something where a company BOUGHT a patent and is the only one allowed to produce it

Doesn't a patent have to be published for it to be valid?

Get on or get run over, fuck your lefty feelings

you missed /pol/ by a few letters

I'm actually not very liberal. Pretty conservative in fact but I do think that you shouldn't be able to monopolize a medicine that tons of people need just because you hold a patent. That'd be like you being unable to use electricity unless you paid a ridiculous price because someone discovered it. Electricity along with medicine like this in particular are needs that shouldn't be vulnerable to massive amounts of extortion like this.

You can think whatever stupid shit you want
The WHOLE PHARMACEUTICAL INDUSTRY operates on this sort of patent monopoly system
The ENTIRE THING
That was the issue with Shrekli, he exposed the sham for what it is

>companies innovate
found the Microsoft fanboi