I can’t say off the top of my head. Power tripping is the best first guess I have. I kinda equate it to anything that could help people live longer. Why don’t they give out insulin at better prices so people live longer and buy more stuff? That’s logically the smarter move, right?
Insurance is why. They can sell insulin at the prices they currently do, and still sell it to millions. Insurance companies can in turn charge more overall as well, pointing at the cost of insulin and the millions who need it as one of the reasons. So it is win win for both the buyer (Insurance) and the seller.
I can’t say off the top of my head. Power tripping is the best first guess I have. I kinda equate it to anything that could help people live longer. Why don’t they give out insulin at better prices so people live longer and buy more stuff? That’s logically the smarter move, right?
Are you referring to the US? In the country I live insulin is available for free for those who need it.
Insurance is why. They can sell insulin at the prices they currently do, and still sell it to millions. Insurance companies can in turn charge more overall as well, pointing at the cost of insulin and the millions who need it as one of the reasons. So it is win win for both the buyer (Insurance) and the seller.