4 ms·
No. Marketing is an issue but it's not the main driver. Everybody else uses price controls to keep prices "reasonable"--the drug companies tolerate this so lo
by LorenPechtel 7mo ago
No. Marketing is an issue but it's not the main driver.
Everybody else uses price controls to keep prices "reasonable"--the drug companies tolerate this so long as selling to the country exceeds their marginal cost of production. They count on the US market to recoup the $1B R&D costs.
Simply mandate that a drug company can't charge more in the US than they do in any other first world country. Major earthquake in drug costs.
The "discount card" bit is basically a reduction in revenue, it's neither marketing nor administration.