On Wed, Sep 01, 2004 at 09:58:39AM +1000, Russell Chapman wrote:

> On top of that, what premium wouldn't I pay to not have her go
> through the trauma of chemo and the discomfort and inconvenience
> of radiotherapy? Perhaps (depending on the cure) to not have to
> go through the second and third operations she went through, or
> the reconstructions she faces next year? The answer is I would pay
> anything for a cure drug.

No. You would pay as much as you had (or could lay your hands on), but
not anything. There is definitely a limit. For most people, that limit
would probably be much lower than for you (the higher the price, the
less the demand). And if insurance pays for it, then everyone pays for
it, and the government(s) would find a way to force a lower price. Or
someone else would find a slight variation and undercut the price of the
original treatment. Or there would be a big black market. Or all of the
above. It is almost surely less profitable to develop a cure rather than
a long treatment.


-- 
Erik Reuter   http://www.erikreuter.net/
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