19 July 2016 - Humira is an injectable medication that treats arthritis — and one of the best-selling drugs in American history. In 2014 alone, millions of Americans spent a combined $6.5 billion on Humira prescriptions.

But we probably didn’t have to. While Americans paid an average price of $2,669 for Humira, the Swiss were able to buy the exact same drug for $822 — and in the United Kingdom, patients got it for $1,362. If the United States paid what the Swiss paid for the arthritis drug, we would have spent $2 billion on Humira in 2014 rather than $6.5 billion.

There’s nothing different about the Humira that we bought in the United States and the drug the Swiss bought – except that in the United States, we’re terrible at negotiating a good deal on pretty much any medical service.

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