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Phoenix Ownership - Rob says FTFFA (Part 2)

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Posted April 20, 2020 07:31 · last edited March 18, 2021 07:34

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Treasury put a value of 4.7 million per person. Gareth got the 10k number because someone he knows had his medication declined from pharmac and the cost of that medication was 10k.

I don't think some cancer patients and many more would agree on $4.7m per person. But have you a sauce for the highlighted?

https://www.newsroom.co.nz/2019/02/21/453077/is-a-...

Thanks for that piece on the “value of a statistical life”. But can't see GM mentioned in it or re his friend

Sorry I read this on my phone and didn't see the highlighted part. I thought you meant the 4.7 million.

Here's Gareth's tweet:

That's such controted logic. Here's the basis of my number. An acquaintance of mine died having been denied a course of drugs that would have cost Pharmac $10k (FYI I found out after the event). An action that speaks much louder than nutbar words from the Ivory Tower.

— Gareth Morgan (@garethmorgannz) April 13, 2020

Obviously shark but it also doesn't mean a life is worth 10k.

I agree with GM if the fact his friend was denied a drug cause that would have saved his life. I'd comment too.

Bad road - death to $ value The total social cost of motor vehicle injury crashes in 2016 is estimated at $4.17 billion, at June 2017 prices. This represents an increase of $0.3 billion (or 7.8 percent) compared to the previous year (from $3.87 billion in 2015). So 10 people die on a bad corner that will trigger repair/fix at 41.7 million. If repair cost is $80m no work done.

Pharmac work on a cost to benefit ratio - lets hope it is 4.17m

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Unknown editor edited March 18, 2021 07:34

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Treasury put a value of 4.7 million per person. Gareth got the 10k number because someone he knows had his medication declined from pharmac and the cost of that medication was 10k.

I don't think some cancer patients and many more would agree on $4.7m per person. But have you a sauce for the highlighted?

https://www.newsroom.co.nz/2019/02/21/453077/is-a-...

Thanks for that piece on the “value of a statistical life”. But can't see GM mentioned in it or re his friend

Sorry I read this on my phone and didn't see the highlighted part. I thought you meant the 4.7 million.

Here's Gareth's tweet:

That's such controted logic. Here's the basis of my number. An acquaintance of mine died having been denied a course of drugs that would have cost Pharmac $10k (FYI I found out after the event). An action that speaks much louder than nutbar words from the Ivory Tower.

— Gareth Morgan (@garethmorgannz) April 13, 2020

Obviously shark but it also doesn't mean a life is worth 10k.

I agree with GM if the fact his friend was denied a drug cause that would have saved his life. I'd comment too.

Pharmac work on a cost to benefit ratio - lets hope it is 4.17m

Unknown editor edited April 20, 2020 07:37

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Blew.2 wrote:

Ryan wrote:

Treasury put a value of 4.7 million per person. Gareth got the 10k number because someone he knows had his medication declined from pharmac and the cost of that medication was 10k.

I don't think some cancer patients and many more would agree on $4.7m per person. But have you a sauce for the highlighted?

https://www.newsroom.co.nz/2019/02/21/453077/is-a-...

Thanks for that piece on the “value of a statistical life”. But can't see GM mentioned in it or re his friend

Sorry I read this on my phone and didn't see the highlighted part. I thought you meant the 4.7 million.

Here's Gareth's tweet:

That's such controted logic. Here's the basis of my number. An acquaintance of mine died having been denied a course of drugs that would have cost Pharmac $10k (FYI I found out after the event). An action that speaks much louder than nutbar words from the Ivory Tower.

— Gareth Morgan (@garethmorgannz) April 13, 2020

Obviously shark but it also doesn't mean a life is worth 10k.

I agree with GM if the fact his friend was denied a drug cause that would have saved his life. I comment too.

Pharmac work on a cost to benefit ratio - lets hope it is 4.17m