3. Medication
The pharmaceutical industry makes a god-awful lot of money, and it’s not from curing people; it’s from treating those who are sick. The medication that keeps people alive costs pennies to produce, and yet companies charge $1, $5, $50 and even more per pill. I’ve even known someone who was suffering from brain cancer whose medication cost over $1,000 per capsule.
Sure, there’s a lot of money that goes into research of these products by highly-educated people, and companies have a right to thrive. When you’re talking about a person’s life, though, then life-saving medication shouldn’t only go to the highest bidder.
Most of this medication costs no more to produce than a simple aspirin. That’s why generic medication costs so much less, because the company who discovered the chemical lost legal exclusivity. Generic medication still makes a lot of companies a lot of money, but not the grossly-exaggerated markup that the brand-name demands.
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