Review: "Runaway Drug Prices" – The New York Times
- Progressive Psychiatry, P.A.
- May 6, 2015
- 1 min read
I'm so blessed to have friends who love to read. Why yes, I did see this article from The New York Times Editorial Board.
My response: Yup, a drug that costs $200 one day can easily cost $1300 the next because pharmacy companies can change whatever they want. And patients can't do anything about it because it's essentially a closed market.
Thus, I say open the market up.
There are equally effective medications being created overseas at a quarter of the price. If you want prescription costs to go down, open up the market to overseas companies and create the P.S.Y.C.H. system wherein 50 state-based health care companies will bid the prices down.
I'm no economist but methinks that those two straightforward maneuvers would change the entire pharmaceutical scam.
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