Posted: 28 Apr 2013 08:44 AM PDT
Price of some cancer drugs exceeds $100,000. a year By John Lawrence How much is your life worth? In a free market economy like the US, that question is settled by ability of the individual to pay. If you can't pay over $100,000 a year for a life-saving cancer drug, your life isn't worth as much as someone who can. In a free market economy your life is worth exactly your ability to pay. In countries where the government pays the cost of drugs, they decide how much your life is worth. In Britain it's $50,000; that's the price the British government has negotiated the most expensive drugs down to. Is there a moral limit to how much Big Pharma can charge for some life saving drugs? Some doctors seem to think so.