this post was submitted on 05 Sep 2024
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Sharing because I found this very interesting.

The Four Thieves Vinegar Collective has a DIY design for a home lab you can set up to reproduce expensive medication for dirt cheap, producing medication like that used to cure Hepatitis C, along with software they developed that can be used to create chemical compounds out of common household materials.

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[–] [email protected] 14 points 3 months ago

well, according to the congressional budget office,

In 2023, federal subsidies for health insurance are estimated to be $1.8 trillion

and this report by research america shows that the private sector spent around $150 billion on “research and development” in 2019.

it’s no secret that the private healthcare industry jacks up the prices of things to increase profits. so, some napkin math makes me think it’s not that far-fetched to think that we can save more than $150 billion in healthcare subsidies if we stop privatized healthcare and dramatically lower the costs of medical care. we could then put that $150 billion back into research, without needing to appease the private sector at all.