4 ms·
The European Union is not bargaining as a single buyer. There are considerable differences between the health insurance systems of EU member countries, and eac
by ptaipale 12y ago
The European Union is not bargaining as a single buyer.
There are considerable differences between the health insurance systems of EU member countries, and each of them buys their medication differently. In fact, it looks to me that the US is closer to being a one buyer than the European Union, which would first need to do a lot of harmonizing and more or less set up a United States of Europe.
Kaiser, Wellpoint and Aetna each have as many health plan members as a medium-sized European country. That's not the problem.
As far as I understand, the problem is the unavailability of generic replacement medicines in the US, clearly for IPR reasons.