I think 5.4%-18.4% is a fair profit margin.
You don't seem upset what the pharmacies are selling them for. (Way more than that.)
And, yup! Socialized medicine was our downfall too. After all, we're seriously into useless regulations that the medical field has to do whether it's good for the patient or not. (And I can really give you a rundown on how harmful that is in a blow-by-blow account from quite a bit I've learned in the last 18 months.) When the government trust no one but themselves it costs the citizens more than just money.
Funny that eyeglasses having a 800%-1000% markup doesn't bother anyone (but the poor who need them), but 5-18% is "greedy business," never "greedy lawmakers" or "greedy pharmacists."
One more time!
Rituxan in Canada - $4000 for 2 infusions
Rituxan in the USA - $65,000-75,000.
Same drug, produced in the same place. Americans pay 18 times more for the same drug. The identical drug! In other words, an American using this drug has to put out between $61,000-71,000 MORE dollars that a Canadian using the same drug.
AND, the Canadian companies are still making money. Nothing wrong with that! Even if you assume a base price of $2000 to produce and distribute the drug, the mark up in Canada is still 100%. But for Americans buying the same drug, the mark up is 3750 times more. That has nothing to do with eye glasses, this is the actual cost difference in the same drug between Canada and the USA.
I don't see how I can make it clearer. Americans are paying 3750% mark up, and Canadians are paying 100% mark up, and still making a profit.
Socialize medicine is NOT our downfall. It has made medical care affordable for everyone, no one falls through the cracks and dies because they are not covered. No one can not afford these drugs, as each province has a supplementary program to pay for drugs, which is free in BC (Just reach the minimumcap, which is low in my case) and in Alberta you pay $141 a month to have all your meds covered with a copay of $25 maximum.) I certainly could not afford my drugs, even at the lower prices if I was not supplemented.
Actually, Canadians consider universal health care to be our most valuable national treasure. No one, repeat NO ONE is calling for an end to universal health care, not the extreme right, the center, or the left. We all are extremely happy with our system. And if there are issues, like wait times, it is something we are willing to put up with. Because a Knee Replacement is not urgent. And cancer, which is - well, I got into see the surgeon in 2 days. The right emphasis in all the right places.