U.S. Versus International Drug Prices
Would the U.S. be better off with a European-style pricing system?
Given the rise in prescription drug costs and the associated out-of-pocket spending burden on consumers, U.S. policymakers and experts have been focusing their attention on ways to bring down costs for constituents, in part by looking to models abroad. Based on the average cost of drugs, models in other developed nations are arguably more effective than the U.S. in protecting
consumers from rising drug prices by …
