C. S. Weaver
1 min readAug 5, 2017

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How?

Companies charge outrageous prices for health products because they have a captive market. The US, thanks to lobbying efforts by various corporations, has extended patent laws to a point where nobody can make generics for competition to bring down prices.

Two recent examples lay bare the profit motives of these corporations; the EpiPen debacle where the price jumped to 600 dollars, and the whole Martin Shkreli uproar where he took a cheap, lifesaving drug and inflated its cost by 5000%.

I don’t begrudge them making some profit in the system the US currently has, but price increases like that are absurd. The cost for health care delivery in the US is absurd, and not due to government regulation, but to profit motives.

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