There's a weird thing that happens with cancer drugs that I just experienced.
When they are working with a pharmacy and your insurance, the price they'll charge you is $10,000 for enough pills to last a month. But when your insurance says "We won't cover that" all the sudden you find out the company has a backdoor subsidization program which will fully cover the cost of the drug for reasons I can't really fathom (good will?)
What's even more uncomfortable is my insurance (aetna) also mandates that I get my medicine from their subsidiary, CVS.
I really don't like this sort of thing. The price of everything in medicine feels distorted in unbelievable ways. Like famously a $0.25 acetaminophen pill that somehow magically costs $10 in the hospital. I guess there's some nice individual packaging.
I'm less and less convinced that it's even a cost sort of thing with these pharmaceutical companies. Like, sure they'll love to reduce that as much as possible. But the price itself seems entirely fictitious and based on what they can commonly get insurers to pay, and not anything related to the actual R&D of the drug.
When they are working with a pharmacy and your insurance, the price they'll charge you is $10,000 for enough pills to last a month. But when your insurance says "We won't cover that" all the sudden you find out the company has a backdoor subsidization program which will fully cover the cost of the drug for reasons I can't really fathom (good will?)
What's even more uncomfortable is my insurance (aetna) also mandates that I get my medicine from their subsidiary, CVS.
I really don't like this sort of thing. The price of everything in medicine feels distorted in unbelievable ways. Like famously a $0.25 acetaminophen pill that somehow magically costs $10 in the hospital. I guess there's some nice individual packaging.
I'm less and less convinced that it's even a cost sort of thing with these pharmaceutical companies. Like, sure they'll love to reduce that as much as possible. But the price itself seems entirely fictitious and based on what they can commonly get insurers to pay, and not anything related to the actual R&D of the drug.