No healthcare system is perfect. But the American model is unrivaled in producing treatments that are broadly affordable in the long run.
Price controls may have superficial appeal to voters, but the true cost lies in what we do not see: the cures never discovered and the lives never saved.
Nearly nine in every 10 Americans say that prescription drug prices are too high. Yet the average prescription costs less in the U.S. than in other developed countries, according to a new study from professor Tomas Phillipson, the former chairman of the White House Council of Economic Advisers.
That finding has huge implications for President Donald Trump’s “most-favored-nation” executive order, which seeks to ensure that Americans pay the lowest price for drugs in force in any developed country.
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.
We don’t need socialism to cut drug prices. Americans get a good deal
Sally C. Pipes
No healthcare system is perfect. But the American model is unrivaled in producing treatments that are broadly affordable in the long run.
Price controls may have superficial appeal to voters, but the true cost lies in what we do not see: the cures never discovered and the lives never saved.
Nearly nine in every 10 Americans say that prescription drug prices are too high. Yet the average prescription costs less in the U.S. than in other developed countries, according to a new study from professor Tomas Phillipson, the former chairman of the White House Council of Economic Advisers.
That finding has huge implications for President Donald Trump’s “most-favored-nation” executive order, which seeks to ensure that Americans pay the lowest price for drugs in force in any developed country.
Read the entire op-ed in Fort Worth Star-Telegram.
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.