Wednesday, August 27, 2014

Case for further nationalizing medical research



Our current system of medical development produces an insatiable drive to recoup costs in private medical development.  For example, it would cost more to treat all Hepatitis patients with the latest drug than we spend in toto on all prescription drugs in a year!  This in turn drives up insurance costs for everyone, due to the need to spread risk out to protect insurer’s profits.

This conclusively shows that Nationalized Medical Research is even more important in a private healthcare system than in a public one, as without it cost control will prove elusive.  More importantly, we need action on maladies that pose a particular threat to society, not those that sell well.  How much is spent on new diet pills, for example?  Compare this to the stunning lack of progress on ebola vaccines and treatments over the past thirty-five years- a vaccine that worked on monkeys in government trials could not get corporate sponsorship for human trials.  That was four years ago.  It’s hard to make private investors believe there is profit in treating a disease which most commonly strikes those who are unable to pay.  But Ebola does pose something of a long-term threat, even to affluent societies.  If and when it spreads, it may be too late to develop treatments due to the myopia of the private sector.  

Our private sector will spend only to serve for those who are able to pay- those looking for cosmetic surgeries and medications.  This is not a sustainable foundation for medical research.  We know our government can sponsor and conduct research just fine- look at our military R/D budget.  Actually, we already do much of our research that way- 28 billion per year from the NIH on treatment development, a third of our national total.  This needs to be increased.  I am troubled by the use of finite resources to treat less serious illnesses, but the lack of research for serious ones is the greater problem.  

Like most things, this could be fixed with a fraction of the Pentagon’s floor wax budget.  Hopefully, with enough public investment, a lot of crises could be averted, and the private sector that depends on mismanagement of life-saving attention and research could just wither away.

Solidarität, Genossinnen und Genossen

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