Deregulate!

[stpioc]

The ubiquitous antiallergy shot can be lifesaving, and many children are required to purchase a two-pen pack every year. One pack costs $608. In 2007, before Mylan bought the drug, it cost $100. The cost to make the EpiPen still sits at around $3. Bresch, meanwhile, took home about $18 million in compensation last year and stands to make a lot more if she can substantially increase hercompany's earnings per share by 2018.

So on Tuesday, Warren sent an eight-page letter to Bresch signed by 20 senators, including former presidential candidate Bernie Sanders (I-Vermont), demanding to know more about Mylan's patient assistance programs. Last week, Bresch said the company would expand these programs to give more people access to the drug — something you see across the drug industry these days.

Warren, however, doesn't buy that.

"These changes will help some customers who are struggling to afford EpiPens. Your discount programs, however, represent a well-defined industry tactic to keep costs high through a complex shell game," Warren wrote.

"When patients receive short-term co-pay assistance for expensive drugs, they may be insulated from price hikes, but insurance companies, the government, and employers still bear the burden of these excessive prices. In turn, those costs are eventually passed on to consumers in the form of higher premiums."

Warren asks Mylan for information on patient assistance programs - Business Insider

It sounds good, these "patient assistance programs" but people shouldn't be fooled.