Drug pricing insanity: pay $5.50 or pay $1,900, your choice

Forbes

27 July 2020 - I’m a dedicated free market guy. I think pharmaceutical companies generally do God’s work. 

And I think no one should be forced to sell anything except at a price they agree to. If I have a garden hose and I demand $1,000 to sell it to you, I should not be forced to accept a lower price. Of course, if you can get that garden hose for $10 elsewhere, I won’t sell too many garden hoses on the free market. 

Indeed, that’s why no one I know of sells garden hoses for a thousand bucks. Doing so would be a good way to go out of business. It would be pricing insanity.

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Michael Wonder

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Michael Wonder

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Medicine , US , Pricing , Affordability