• Neuromancer@lemm.eeOPM
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    6 months ago

    Hospital staff costs alone are not what drives pharma or health insurance prices up

    Yes it does. If the staff cost more; they have to charge more to even break even. That’s simple logic.

    You think wages don’t drive cost of healthcare ?

      • Neuromancer@lemm.eeOPM
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        6 months ago

        Why are so focused on ceo pay when it’s a drop in the bucket. The first cite has nothing to do with profits.

        2nd cite I pay walled.

          • Neuromancer@lemm.eeOPM
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            6 months ago

            It doesn’t refute that at all. CEO pay is a fraction of total cost. It isn’t the reason why cost are going up and it’s illogical to come to that conciliation. United health group is an insurance provider. You’re confusing health insurance with medical care. Health insurance does not provide care. They pay the bills.

            Their revenue was 370 billion. 22 billion is about 8% profit which is slim.

                  • Neuromancer@lemm.eeOPM
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                    6 months ago

                    No, I think we should limit the cost of drugs based solely on cost to manufacture and distribute, and pay those operational costs

                    If we payed for the research. I agree. Otherwise companies will just spend less on research. I don’t mind capping margins unless they don’t enforce the patent.