You can't unequip the Witchblade entirely, so that's the basic loadout with Armor and Rune. It has Witchblade, the basic healing power, and Armor+Rune. So that's the amount of LP I use with this loadout, it's not how much the Rune and Armor cost on their own.
Just to reiterate Wolf Priest same tier Iron Halo costs 730 LP. The "default" Veteran WP with just the Iron Halo and Artificer Armour equipped(no healing nades, no upgraded syringe, no extra ammo, no other weargear, no trinkets, no pistol upgrades, no weapon mods) comes in well over 1400 LP. That's totally f...king ridiculous.
Granted, Apothecaries are ridiculous compared to other supports, but it still doesn't make much sense.