Scott Alexander examines overpriced medical products like Lovaza and Deplin, arguing they serve a purpose in the medical system, but criticizes exorbitant BRCA gene testing prices as harmful.
Longer summary
Scott Alexander discusses two examples of overpriced medical products: Lovaza (fish oil) and Deplin (folate), which are essentially the same as much cheaper supplements. He argues that these products serve a purpose by making these substances 'Official' in the medical system, allowing doctors to prescribe them without fear of liability. The post then examines the case of BRCA gene testing, where a company charges exorbitant prices for a service that could be much cheaper. Scott criticizes this practice, contrasting it with the FDA's ban on 23andMe offering BRCA testing, suggesting potential conflicts of interest.
Shorter summary