Wednesday, February 08, 2012

Rick Santorum Tells Sick Kid Market Should Set Drug Prices

ABC reports Rick Santorum Tells Sick Kid Market Should Set Drug Prices.

"GOP contender Rick Santorum had a heated exchange with a mother and her sick young son Wednesday, arguing that drug companies were entitled to charge whatever the market demanded for life-saving therapies.

‘People have no problem paying $900 for an iPad,’ Santorum said, ‘but paying $900 for a  drug they have a problem with — it keeps you alive. Why? Because you’ve been conditioned to think health care is something you can get without having to pay for it.’

The mother said the boy was on the drug Abilify, used to treat schizophrenia, and that, on paper, its costs would exceed $1 million each year."

It's a perfect example why healthcare isn't a free market economy. It's the same reason you don't comparative shop for an emergency room after a car accident.

1 comment:

DKB said...

It's also a perfect illustration of the fact that Santorum is a heartless ideologue prick. There's a reason he's not a senator anymore... people who paid even the cursory attention that his constituents probably did realize he's one of the few truly deserving of unemployment. (The condition, not the benefits.)