One anonymous politician who voted to impose Obamacare on the nation told the reporter that this results from “an honest mistake in drafting.” Sick kids will lose access to medicines because of politicians’ incompetence, but they don’t even bother to defend their not reading or understanding the legislation anymore.
Indeed, government controls designed to reduce drug prices usually result in higher prices, a result I discussed in a study written a few years back (available here). Lower drug prices result from less government control, not more.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Obamacare Unintended Consequence of the Day: Higher Drug Prices for Kids’ Hospitals
John R. Graham
One anonymous politician who voted to impose Obamacare on the nation told the reporter that this results from “an honest mistake in drafting.” Sick kids will lose access to medicines because of politicians’ incompetence, but they don’t even bother to defend their not reading or understanding the legislation anymore.
Indeed, government controls designed to reduce drug prices usually result in higher prices, a result I discussed in a study written a few years back (available here). Lower drug prices result from less government control, not more.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.