A woman I know, practically old enough to be my mother, gets a rheumatiod arthritis medication. The cost to the government for this is monthly is:
$2904.63
+
$152.88 payment.
$3057.61 for a monthly dose 50mg/.5 mL in a plastic automatic dose syringe, disposable
or about
$37,000 per year to treat a disease
being a former chemist, sometime finance guy, I wanted to see what the unit cost was, using 9th grade science skills (thanks, mr. Knudson) reinforce by collegiate and professional work…
Let’s see .5 mL, means 2 in an mL
2 x $3057.61 =1 mL
2000 x $3057.61=1L
move decimal over three places
2 x $3,057,610= 1L
1L = $6,115,220
by weight, this drug is
$305,761 dollars a gram, by comparison, after golds rapid inflation in price,
it is now, around $1400 a Troy OUNCE, 31 grams, or about 45$ per gram
or it is approximately 9000x gold value
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