3. u/LordeRoyale explains why free market healthcare is undesirable

u/LordeRoyale explains why free market healthcare is undesirable

The US has not had a ‘free market’ healthcare system for over 100 years - not even close to one.

I know, I mentioned that in the very beginning.

Why are new drugs so expensive? Well the FDA review process takes about 5-7 years and costs about $2 billion per drug, and only about 1 out of 7 drugs make it through. So one new drug that comes to market has to ‘pay’ for the 6 other drugs that failed and cost a total of $14B in development costs (Note- this is not a function of drug companies being for-profit. Think about it: even if drug companies were not for profit or run by the government, that $14B tab still needs to be paid).

I know, I stated that deregulation would help.

It looks like you didn't even read my comment Lmao. Read it again, but more carefully. My criticisms are of a healthcare market free of any regulation. I know that the American system isn't free market.

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