Rent Seeking: Drug Pricing and the Pharmaceutical Industry

I recently came across this article entitled “Centrist Democrats scramble House drug pricing effort” on how three Democrats in the House’s Energy and Commerce Committee blocked a drug pricing plan that was intended to be part of the Build Back Better Act. For context, this would include such measures as having the government negotiate the Medicare pricing of certain prescription drugs and setting the benchmark for these negotiations to the prices paid for the drugs in other developed countries.

Read the source article at Better than Plowing
2021-10-14 01:04:00