A $25,000 donation is kind of laughable when hospitals have no issue charging that much to give a kid some stitches after falling off a bike.
Try 100x that maybe?
A $25,000 donation is kind of laughable when hospitals have no issue charging that much to give a kid some stitches after falling off a bike.
Try 100x that maybe?
But even beside that, just intuitively, $25k seems low for a life-saving queue-jump during a crisis.
Not really. Right off the bat, if you figure there's a 1% chance you die if you get it and a 20% change you get it, that values a life at $12.5M. That's a little on the low side for someone rich, but not not by that much.
You also have to factor in that it's free in 6 months, and for at least 3 months, it's not like you can do anything. The drug is also experimental, so there's an off chance something really bad happens. The vaccine also means you won't be a long hauler, so that adds some value.
$25k feels about right.
I agree with OP. I'm betting if you have an open auction, 25k would come in on the low side.
Also, you’re not factoring in the reputational and legal risk to those bribed, and the fact that the rich try to get it with the specific intent to ramp up their riskier activities once they get it, which will allow them to do valuable things in a disproportionately valuable time frame.