3 ms·
For people who only read the title, note that the article is actually about a slightly different point: >America is a lucrative market for the world’s drug gia
by gruez 1y ago
For people who only read the title, note that the article is actually about a slightly different point:
>America is a lucrative market for the world’s drug giants. Many pharma bosses admit that is where they make most of their profits. But are these profits really responsible for America’s ballooning health-care bill? The short answer is no.
I don't think the article is disputing that Americans pay more for drugs than other countries, only that the pharma industry isn't the top gouger (or even above average) in the healthcare industry.
- tiahura 1y agohttps://www.ama-assn.org/sites/ama-assn.org/files/2025-04/2023-where-money-goes-health-spending-chart-1170x780.png https://www.ama-assn.org/sites/ama-assn.org/files/2025-04/20...
- cryzinger 1y ago> The bulk of the rents is captured instead by providers of health-care services such as hospitals and the system’s true money-makers: insurers, pharmacy-benefit managers and other middlemen taking advantage of its opacity. Did a ctrl+F for "PBM," and when that failed, "pharmacy" :P And yeah, the thing about drug manufacturers is that they _are_ ripping us off, but at least they do actually provide a useful service. PBMs, by contrast, inflate costs without any real benefit to consumers.