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Actually, the overall life expectancy is not relevant.
Of course it's relevant, it just isn't the only thing that is.
It is illogical to impede innovations because some people cannot afford them.
A friend in college wrote a paper arguing that the initial super-high prices of medical treatments (including medications) was a benefit overall because it meant that only a smaller number would be exposed to discovering side effects that hadn't been found yet -- which I observed seemed to amount to letting the rich and well-to-do serve as guinea pigs for the rest of us.
Interesting, the unintended consequences of things. Though with lots of people having good insurance coverage for medications, these days it's not focused so much on economic status but on how good your insurance is.

























