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Americans pay far higher prices for prescription drugs than do people in other wealthy countries. The reason that other countries spend so much less on drugs is that their governments negotiate prices with the pharmaceutical industry. The United States government could adopt the same approach...
Persistent link: https://www.econbiz.de/10010693321
that costs have been less than projected is that drug costs in general have risen much less rapidly than had been projected …
Persistent link: https://www.econbiz.de/10010693322
The huge gap between the cost of health care in the United States and the cost in other countries with comparable … health care outcomes suggests the potential for substantial gains from trade. This paper describes one mechanism for taking … programs over the age of 65 were allowed to take advantage of the lower-cost health care available in other countries (that …
Persistent link: https://www.econbiz.de/10008545831
Representative Paul Ryan's proposed 2012 budget has been lauded as a path to prosperity, with much attetion given to his overhaul of the medicare system. Using data from the CBO analysis of the Ryan plan, this issue brief demonstrates that any savings to the government under the revamped...
Persistent link: https://www.econbiz.de/10008921765
period. This increase in costs – from waste associated with using a less efficient health care delivery system – has not …
Persistent link: https://www.econbiz.de/10009003122