Thursday, August 14, 2008

BCWUW4: Universal healthcare shuts down access to new drugs (which become older and cheaper)

Mark Perry has a great graphic on how the healthcare sector in the U.S. is 17 times larger than Canada.

When was the last time Medicare or Medicaid researched, trialed, and marketed a new drug that saved more lives or improved their quality? And once the private companies recoup their investment and risk under patent protection, the drug is then manufactured by generic companies and sent to people in even the poorest countries.

Why would anyone want to destroy this? Be Careful What You Wish For.

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