Tag: Medicare price negotiation
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The Price Paradox: Why Your Prescription Costs 278% More Than the Same Pill Abroad
The United States leads the world in pharmaceutical innovation, developing life-saving therapies that benefit global health. Yet, a striking paradox exists: Americans pay significantly more for prescription drugs than consumers in virtually every other high-income country. This disparity isn’t a minor difference; it’s a chasm, rooted in fundamental differences in how the U.S. and its