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<blockquote data-quote="TorqPenderloin" data-source="post: 1349376" data-attributes="member: 211504"><p>Most governments have the ability to regulate drug prices in their countries to a far greater extent than here in the US. If that were to change (and drug prices in the US decreased), you would almost certainly see a ripple effect in higher drug prices across the world as drug companies would then need to recoup the lost revenue. The other possibility is that they would simply cut their R&D budget and decrease innovation.</p><p></p><p></p><p></p><p></p><p>Honestly, I'm doing my best to be objective about this discussion, and I'm not trying to hide anything. What I'm trying to do is explain that most of the articles and anecdotes being posted in this thread are rare situations and they don't accurately depict the "Normal" healthcare issues people face in the US.</p><p></p><p>What is a much more common situation is the single mom with three kids who makes $35,000 a year, doesn't have health insurance from her job, but also "Makes too much money" to qualify for most government assistance programs. If she's lucky, she might be able to find a job that pays $30,000 AND has health insurance, but that puts her in a very difficult situation: is the $5000 paycut worth the health insurance coverage? </p><p></p><p>In response to your comments about living in a system that benefits employees of larger companies: There is absolutely truth in what you're saying, but that's part of what makes privatized (and government-sponsored) healthcare successful: larger insurance pools potentially increase the amount of money coming into the system (insurance premiums) and decrease the amount of money leaving the system (higher ratio of healthy-to-unhealthy people).</p></blockquote><p></p>
[QUOTE="TorqPenderloin, post: 1349376, member: 211504"] Most governments have the ability to regulate drug prices in their countries to a far greater extent than here in the US. If that were to change (and drug prices in the US decreased), you would almost certainly see a ripple effect in higher drug prices across the world as drug companies would then need to recoup the lost revenue. The other possibility is that they would simply cut their R&D budget and decrease innovation. Honestly, I'm doing my best to be objective about this discussion, and I'm not trying to hide anything. What I'm trying to do is explain that most of the articles and anecdotes being posted in this thread are rare situations and they don't accurately depict the "Normal" healthcare issues people face in the US. What is a much more common situation is the single mom with three kids who makes $35,000 a year, doesn't have health insurance from her job, but also "Makes too much money" to qualify for most government assistance programs. If she's lucky, she might be able to find a job that pays $30,000 AND has health insurance, but that puts her in a very difficult situation: is the $5000 paycut worth the health insurance coverage? In response to your comments about living in a system that benefits employees of larger companies: There is absolutely truth in what you're saying, but that's part of what makes privatized (and government-sponsored) healthcare successful: larger insurance pools potentially increase the amount of money coming into the system (insurance premiums) and decrease the amount of money leaving the system (higher ratio of healthy-to-unhealthy people). [/QUOTE]
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