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Insurance companies in the US have to pay out a certain percentage of the premiums they take in (80% last I checked) [0]. So they're also incentivized to let pr

• prostoalex 8y ago
  That makes sense if it’s a monopoly, but presence of many insurance carriers and variety of plans introduces some price checks. Insurers routinely exclude drugs that they think are overpriced, they also switch to generics the day a drug goes off patent, sometimes forcibly.