Prescription Drug Prices
Patients need better information from doctors, about the cost or their medicine, the side effects, and what’s in their medicine.
Medicine is so expensive because prices are generally shaped by what the market will bear, drugmakers and some economists argue that price controls or other efforts aimed at slowing spending by targeting profits mean cutting money that could go toward developing the next new cure. A drug’s price should reflect its effectiveness, The “most important factor” that drives prescription drug prices higher in the United States than anywhere else in the world is the existence of government-protected “monopoly” rights for drug manufacturers, researchers at Harvard Medical School report today.
Patients need to know more about
Medicine is so expensive because prices are generally shaped by what the market will bear, drugmakers and some economists argue that price controls or other efforts aimed at slowing spending by targeting profits mean cutting money that could go toward developing the next new cure. A drug’s price should reflect its effectiveness, The “most important factor” that drives prescription drug prices higher in the United States than anywhere else in the world is the existence of government-protected “monopoly” rights for drug manufacturers, researchers at Harvard Medical School report today.
Patients need to know more about