Americans spend much more than other western democracies on the medications they need to treat chronic diseases like diabetes and high blood pressure. Access to medications is about the same in all of these countries, but Sweden spends one third as much on medications as we do and half the countries spend half as much. The nearest country to our spending level still spends thirty percent less than we do. The reason is clear. They negotiate drug prices at a national level, and we don’t. We are beginning to negotiate prices for a very limited number of drugs. There will negotiations for the price of ten drugs by 2023. The
Thank you again. It’s all concerning and not sustainable for anyone. US on so many levels has a knee jerk reaction. We do not take a long term approach but react thereby react which is more expensive. At least you are bringing to light improvements that could be implemented that are of benefit and educating us but we sure have a long way to go. Thank you for caring.
If our politicians were willing to act on behalf of the people using their leverage in sound negotiations, we could have lower drug prices in a year. They don't do it to increase their own power and bank account concerns push them to act in the interest of drug companies rather than your interest. All the interactions between drug companies, pharmacy benefit managers, health insurance companies and so on are secret. Plenty of middle men are taking their cut. It is the good ol boy system at its worst.
I didn't know that about politicians - guess I shouldn't be surprised. Thank you for bringing this to our attention.
Politicians are the reason the US is the only country that does not negotiate drug prices to benefit their citizens.
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Thank you again. It’s all concerning and not sustainable for anyone. US on so many levels has a knee jerk reaction. We do not take a long term approach but react thereby react which is more expensive. At least you are bringing to light improvements that could be implemented that are of benefit and educating us but we sure have a long way to go. Thank you for caring.
If our politicians were willing to act on behalf of the people using their leverage in sound negotiations, we could have lower drug prices in a year. They don't do it to increase their own power and bank account concerns push them to act in the interest of drug companies rather than your interest. All the interactions between drug companies, pharmacy benefit managers, health insurance companies and so on are secret. Plenty of middle men are taking their cut. It is the good ol boy system at its worst.
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I am not sure I have seen things as deteriorated as I do today and health in general is not discussed