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On 8/27/16 9:52 PM, Tim wrote:
Actually I hope this inspires competition. Ahhh...that old American dream...the "free market" and "competition." One of my neighbors is diabetic and earlier this week when the Epipen scandal broke, he mentioned that two insulin products he has used, Novolog something or other and Humalog something or other, from two competing manufacturers, had "list prices" of around $1100 for a one month supply. He pays less because of his insurance, but he still pays a lot. No competition in price. It's the American way for many products. Competition is not the answer. I doubt the Epipens cost more than $2 or $3 to manufacture, including the drug and the injector. I read a report that in Canada, a Canadian in need of an Epipen pays about $12. |
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