Posted by Michael Wonder on 15 Jul 2019
There is no single, best policy for drug prices
15 July 2019 - Most Americans would like the government to act, but a one-size-fits-all approach is unlikely to be the answer.
A majority of Americans prefer greater regulation of prescription drug prices, meaning government intervention to lower them.
But don’t count on a single policy to address a nuanced problem.
“All low-priced drugs are alike; all high-priced drugs are high priced in their own way,” Craig Garthwaite, a health economist from Northwestern University’s Kellogg School of Management, wrote with a colleague.
