US drug prices spike due to the profiteering monopoly granted to Big Pharma by the corrupt US government
by: Daniel Barker
NaturalNews.com
Tuesday, September 20, 2016
If you don’t believe that Big Pharma has a stranglehold on the U.S. government, maybe this will convince you: The Journal of the American Medical Association (JAMA) has now officially admitted that pharmaceutical companies have been granted a monopoly that allows them to charge whatever they want for the drugs they manufacture and sell to the American public.
On August 23, the JAMA published a study conducted by two Harvard doctors and an expert in pharmacoeconomics titled “The High Cost of Prescription Drugs in the United States: Origins and Prospects for Reform”.
The goal of the study was to “review the origins and effects of high drug prices in the US market and to consider policy options that could contain the cost of prescription drugs.”
The study was prompted by concerns over drug prices that affect “patients, prescribers, payers, and policy makers.”
The researchers concluded that:
“High drug prices are the result of the approach the United States has taken to granting government-protected monopolies to drug manufacturers, combined with coverage requirements imposed on government-funded drug benefits.”
These are not free-market principles at work
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