Bitter Pill to Swallow: Why is the Cost of Medications in the US so high?
A recent article from CNN Politics discusses the measures Medicare is taking to reduce the cost of medications that financially burden the agency. The title of the CNN Politics article tells just about all you need to know about the contents. It reads, “Medicare now negotiating price of drug that costs $7,100 in US vs. […]
Why do Americans pay the highest healthcare costs?
It’s widely recognized that the US citizens have the highest healthcare costs in the world. Have you ever wondered why Americans spend so much more? The majority cost revolves around inpatient and outpatient care sectors but can you guess what takes up the next largest sector? Hint? It’s the prescription drugs. McKinsey & Company recently […]