It Costs $30 to Make a DIY EpiPen
The Hackers groups are doing what they can to expose Mylan&#x27;s (EpiPen makers) Greed which is laudable. What is really needed is also an explainer on why a bit of govt. leverage (socialism if you will) is good in Medicine Pricing as well.<p>Mylan is a really great user of buying legislation.
They leveraged their 90% market ownership of the epinephrine auto-injector market such that<p>[1] It lobbied hard to ensure that all parents of school going kids (or tax payers) paid for EpiPens by making it into a bill that politicians could easily justify.<p>Once the bill passed and schools all over the country purchased these by the boatloads, then they just kept raising the price over and over and milking the profits.<p>When it got too much and they could not ignore the patient backlash they have turned again to purchasing legislation..<p>[2] Now they want to make it so that the patients do not see the copays - instead every one suffers by paying more for health insurance.<p>[1] <a href="https:&#x2F;&#x2F;www.opensecrets.org&#x2F;lobby&#x2F;billsum.php?id=hr2094-113" rel="nofollow">https:&#x2F;&#x2F;www.opensecrets.org&#x2F;lobby&#x2F;billsum.php?id=hr2094-113</a><p>[2] <a href="http:&#x2F;&#x2F;www.nytimes.com&#x2F;2016&#x2F;09&#x2F;16&#x2F;business&#x2F;epipen-maker-mylan-preventative-drug-campaign.html" rel="nofollow">http:&#x2F;&#x2F;www.nytimes.com&#x2F;2016&#x2F;09&#x2F;16&#x2F;business&#x2F;epipen-maker-myla...</a><p>With scumbags like these, is it any wonder that the USA has the most expensive healthcare system in the world?