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An Arm and a Leg

The ‘Shkreli Awards’ — for dysfunction and profiteering in health care

An Arm and a Leg

An Arm and a Leg

Documentary, Medicine, Health & Fitness, Society & Culture

4.81.1K Ratings

🗓️ 16 January 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

The Lown Institute’s contest for this year’s most outrageous stories of greed in health care.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey there. So awards season has already started.

0:05.1

Good evening. And welcome to the 82nd Golden Globes, Ozympic's biggest night.

0:13.4

And okay, I did not watch the Golden Globes this year, but there is an awards show that's made basically just for nerds like me.

0:23.0

Hello everyone and welcome to the eighth annual Schrelli Awards.

0:27.8

The Schrelli Awards, named after the Pharma Bro Martin Schrelly.

0:32.3

Remember him?

0:33.1

He became famous, I mean infamous in 2015 when a company he ran took over the making of an old

0:39.2

drug called Deriprim. I mean, old, introduced in 1952, but it later became used to prevent a form

0:47.0

of pneumonia that people with HIV can develop. So Martin Schrelli jacked up the price from

0:52.7

$13.5 a pill to $750.

0:57.2

Rings a bell, right?

0:58.9

So who gives out awards named after that guy?

1:02.4

Answer, a health care think tank called the Lown Institute.

1:06.3

One of their big recent projects was ranking nonprofit hospitals by how much they do to earn their tax

1:12.3

exemptions. For instance, by giving out charity care. The Institute's president, Dr. Vakas Sani,

1:18.3

hosts the awards ceremony. So if this is your first time at the Schrelli Awards, this is our top

1:23.7

10 list of the most egregious examples of profiteering or dysfunction in health care.

1:30.0

I'm telling you, this is an awards show for nerds just like me. In fact, it's also like a celebration

1:36.7

of nerds kind of like me. Each one of the awful stories these awards are highlighting,

1:42.0

it was dug up and brought to light by journalists.

1:44.7

So this year, the journalist behind these stories will be receiving a Schrelli reporting award.

1:52.9

And I have one in my hand here.

...

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