As though double-digit increases in insurance premiums weren’t enough, how about triple-digit cost
inflation for drugs? It is really simple to do, and the U.S. Senate is about to do it.
inflation for drugs? It is really simple to do, and the U.S. Senate is about to do it.
If you’re a drug manufacturer, and you’d like to make 100 times more than a person would otherwise have to pay for a drug, get Congress to expand the tremendous power of the Food and Drug Administration (FDA), perhaps already the most powerful anti-competitive force on the planet.
anti-competitive force on the planet.
The proposed bill is S. 959, the Pharmaceutical Compounding Quality and Accountability Act, also known as the “FDA power-grab bill,” still another example of “never letting a crisis go to waste.”
Read more: http://www.washingtontimes.com/news/2013/jul/5/how-to-make-a-300-drug-cost-30000/#ixzz2YCk4gaww
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