Chapter Five. How Not to Lower Drug Prices
Insurance: An ingenious modern game of chance in which the player is permitted to enjoy the comfortable conviction that he is beating the man who keeps the table. | ||
| --Ambrose Bierce | ||
If there’s any lingering skepticism that drug prices are high, often so high that they limit access for those who need medicine, a look back at a phenomenon that began in the mid-1990s ought to dispel any doubt. Remember senior citizens traveling to Canada by the busload to buy prescription drugs? The story eventually forced the government to take action. But what followed is a lesson in how not to lower drug prices.
The rumblings began in Minnesota in 1994, where a small group of citizens decided something had to be done about ...
Get Reasonable Rx: Solving the Drug Price Crisis now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
