Saturday, February 07, 2015
"'America's Bitter Pill' Makes Case For Why Health Care Law 'Won't Work'"
It depicts author Steven Brill's personal experience with the American Healthcare system, after which the writer goes on explain quite a few of the system's various piece parts...
On the NPR website here's is one of many explanations:
"On unregulated prescription drug prices The dirty little secret is that the exact same prescription drug in the United States is typically 40 or 50 percent less in Canada, in the United Kingdom, in France, in Germany and Australia — in every other country in the world because every other country in the world controls the price of monopoly drugs.
All drugs, if they have a patent, have been given a monopoly by the government and usually when the government gives someone a monopoly, it regulates the price — not so with prescription drugs in the United States."