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That’s actually an ton. For all of the heat big pharma takes regarding drug prices, the spending on prescription drugs is like 8%. Meaning the entirety of the c
by bart_spoon 7y ago
That’s actually an ton. For all of the heat big pharma takes regarding drug prices, the spending on prescription drugs is like 8%. Meaning the entirety of the costs of the pharmaceutical industry is less than just what we are paying for physician salaries.
- SkyPuncher 7y agoIMO, pharmaceuticals aren't the problem either. Most drugs aren't outrageously priced (or have well priced generics). The hysteria over drug prices typically seems to revolve around a small set of outrageous cases. My opinion is insurance as the primary billing method is almost exclusively responsible driving up costs. It adds a ton of complexity and admin work while discouraging general improvements to care.