There are many, many reasons why health care costs in America are so much higher than anywhere else in the world. In addition to regulatory subsidies, price fixing, and artificially high administrative costs (which Obamacare will help address) the price of brand name prescription drugs continues to contribute to higher health care costs in America ...
Graph Source: Barry Ritholtz.
- Mark
Graph Source: Barry Ritholtz.
- Mark
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The report tracked an index of commonly used drugs and found that the price of brand-name medicines increased more than 13 percent from September 2011 to this September, which it said was more than six times the overall price inflation of consumer goods. Generic drug prices dipped by nearly 22 percent.
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