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Pharmd109 t1_jctqlrp wrote

This is how you do it, become the manufacturer.

When Lilly just recently reduced the price of their insulin, they just jacked up the prices of their entire portfolio to make up the difference. The drug companies are not benevolent. They are publicly held companies with shareholders. They will deliver the same quarter over quarter earnings.

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mcnello t1_jcvnhaa wrote

It's almost as if price controls don't work. Someone in California should take an economics 101 class.

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blueorchidcult t1_jcvv7rq wrote

Insulin is cheap to make and is not on patent. So I’m not sure what your point is?

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mcnello t1_jcvwjus wrote

I'm not sure what your point is either

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blueorchidcult t1_jcvx0ur wrote

Why is producing insulin itself in-house (which saves its state Medicaid program a ton of money) and distributing it freely not a good economic move for California?

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