Welp, guess my insurance premiums aren't stabilizing anytime soon.
Welp, guess my insurance premiums aren't stabilizing anytime soon.
Also, shoutout to Boston (and Cambridge) which I don't think gets enough love on HN. #1 in the entire world for biotech, #2 for software, #1 for higher ed, #1 for healthcare, you can actually afford to live here, solid public transportation, amazing skiing / hiking / beaches, NYC in 4 hours. If you are tired of SF think about Boston
This is the story in NY too. It definitely does not qualify as "affordable" for anyone with a family.
I live in and work in Boston, and my commute is 45 minutes. I'm planning to move further out to buy a house, and my commute will probably still be roughly 45 minutes.
Unless you live within walking distance of your office or feel like you have a safe enough bike route to the office, 45 minutes is a fairly standard commute here.
The Boston area has awesome suburbs that aren't really suburbs like Newton, Arlington, Waltham, Brighton, Melrose (where incidentally Martin Fowler lives) etc. I know everyone wants to live in the city cause its cool but these mini cities are pretty darn cool as well.
From most of these areas you can get into the city in 20 minutes by car. 40 minutes if there is bad traffic.
And of course there is public transportation.
Compare this to most of the metropolises in America: Atlanta, Dallas, Houston, etc that have massive traffic and suburbs that are truly suburbs (boring as can be).
Yet those boring metropolises have something key: affordable housing. Which is why the world is looking a lot more like them: http://www.newyorker.com/magazine/2017/07/10/americas-future.... While most MA suburbs prohibit most development, thus causing prices to skyrocket: https://www.bostonglobe.com/business/2017/05/16/somerville-h...
Living in New England I'm often envious and this is probably coming from jealously but really family's of 5 don't need 6000 square feet, a pool, a 3 car garage, and 2 acres of land. You can always live like the Europeans and most of the rest of the world does and there are condos sub 300,000 in the MA suburbs.
The point is different life choices enable different lifestyles. I've seen wood workers in Europe produce beautiful things in a tiny apartment. They prove it can be done, but they don't have the space for a table saw and as a result everything they do takes longer. Even if hand tools are the goal, in the large shop you turn around and your saw bench is there, while the European has to get it out of the closet. When done the American sweeps and is done while the European counterpart has to put the bench away as well. When I'm working I want the American style shop.
Your choices may be different, that is your choice. Do not try to force other people to like your choice.
Now, if a similar treatment gets approved for, say, prostate cancer... that's going to affect your insurance.
Now, if there was a gene therapy for breast, colon or liver cancer, then it would be a problem.
In the UK we have NICE (National Institute for Clinical Excellence) who make the decision over what drugs can be used on the NHS (and most private insurers use the same gradings), if it doesn't offer a clear benefit over the existing treatment in both effectiveness and then cost it won't be approved.
I think that cancer is one of the great filters. At some point a species will develop an unreliable way to treat cancer (chemotherapy); at which point cancer becomes a genetic problem as natural selection is displaced by medicine. Over many generations, this will kill a species unless a reliable cure is found - we seem to have that cure. Our cure is symptomatic (cancer being the symptom) but the same technology could eventually be used for designer genetics.
Essentially, more and more people are going to rely on this treatment until we are able to completely eradicate hereditary cancer. Probably not in our lifetimes.
Furthermore, eradicating hereditary cancer (and many other diseases) is technologically possible already (screening of embryos, genetic testing of parents) but it's socially and politically complex; we as a society currently don't want to e.g. enforce restrictions on procreation just to prevent these diseases.
Evolution does not and never has selected /for/ things. It is a process of elimination. What this means is that, since the advent of chemotherapy, we have eliminated selection /against/ certain types of cancer.
> the majority of them emerge well after the onset of reproductive ability
Correct, we have never had an impact on that and likely won't for a very long time (we don't know enough about our genome to do so). As-per this study, we have been curing cancer in children (as we absolutely should) with very little knowledge as to how/why they developed cancer so young. Will their children also be at risk for leukemia? What about their millions of descendants? We don't know. If treatments like this work out then we might not have to care.
less than a Tesla? more than a house?
interesting questions arise around immuno-oncology.
should Apple be the most profitable company - or someone that literally cures cancer?
It's worth so much that a person shouldn't be required to pay for it. Like a right.
It can't be a right. That would mean someone has an obligation to provide it. I would say it's worth so much that a monopoly on it should not be allowed.
By that logic, voting can't be a right, because someone has to register voters, run the polling booths, count the votes, etc.
Also, I know folks on well water that live outside of the city, society does not provide their drinking water.
Also, There is Flint MI.
Flint MI is an absolute crisis and the government has stepped in, the state of Michigan sued the city, and there have been over a dozen criminal indictments. Multiple governments have stepped in to repair the obligation of clean drinking water, and to punish those who failed the citizens.
The monopoly isn't made by the company, it's a conditional and time-limited offer given by the society to promote the creation of such things.
The individual shouldn't be paying.
IMO (dirty socialist/communist that I am), healthcare is not part of the free market. The industry providing healthcare should be strictly regulated and no benefits allowed.
Also, what's worth healthcare compared to the US DOD spending?
Then how would anyone be interested in launching such a company or working in that industry ?
Some people believe other people to be fundamentally good and not interested only in personal enrichment (financial enrichment I mean here).
But some of you make me doubt that.
But why are some people quantum physicists researchers ? Why are there mathematicians and biologists ? They don't earn much.
Your line of thinking is so stupid and self-centered, it really makes me want to use swear words.
And guess the reason why many researchers end up in private companies ?
Thanks for the insult, I thought this community was supposed to be mature.
When a government funds the research, the marginal cost for each unit provided is time and materials, with no profit.
Government funds projects every day that are waste, spending tens, even hundreds of millions of dollars. We can continue to pour money down the F-35 drain but not provide healthcare? Make America Intellectually Honest Again
"There are clearly better and worse ways to structure a system of government financed research. For example, the Free Market Drug Act, a bill recently introduced in the U.S. Congress, called for establishing a set of competing government corporations that would be evaluated at periodic intervals (e.g. 10 years) for the quality of their work. The worst performers would be put out of business with new ones created to take their place."
More here:
http://www.paecon.net/PAEReview/issue32/Baker32.htm
http://cepr.net/publications/briefings/testimony/drugs-are-c...
A tough question, made tougher by the side effects of doing so. $500k per infusion pays for quite a few mostly-healthy low-income uninsured kids to get basic pediatric care. The US healthcare system is already priced too high for a lot of people - I pay $2,002.25/month for my family.
> should Apple be the most profitable company - or someone that literally cures cancer?
Should healthcare really be a for-profit endeavour?
is it more ethical to profit from curing a disease or from causing it?
Pfizer vs. Red Bull.
and if you can't become a billionaire from curing things, how will this sector attract the same kind of talent/genius like other industries?
Biotech vs. Quants vs. SnapChat
That doesn't apply to medicine but it looks like this treatment is well worth it compared to the money the government spends, e.g., cleaning up lead paint. And since the number I gave is for an average life when saving a child we should be willing to spend more.
Nobody needs an Apple product. Life is a basic need.
HN sometimes really can fuck right off.