3 ms·
Literally every other nation isn't captured by the medical/pharmaceutical industry. Our pharma industry is equivalent in size to the sum of every other pharma i
by pfisch 8y ago
Literally every other nation isn't captured by the medical/pharmaceutical industry. Our pharma industry is equivalent in size to the sum of every other pharma industry in the top 10 put together.
Do any of those other countries have a policy that their government is not allowed to negotiate drug prices? Our medicare system has that rule.
We have a system so incredibly captured by the pharma industry that it could actually approve a proposal that the government shouldn't negotiate drug prices with our own tax dollars. Even though everyone knows Medicare is going bankrupt, somehow we can just keep overpaying for drugs.
The problem is that the biggest industries in any free country always take over politics and dictate the policies around their industry. That is why single payer will not be a panacea for us, it will be a feeding frenzy of government money being transferred to private industry.
Until we make moves to clear out the corruption, granting the government more power to transfer our taxes to the pharma companies is just going to be a blood bath.