You just reiterated the original point I made that you choose to reply to. You rather pay out of the nose for medicine than admit that when it comes to certain things the government can get better results than the private sector.As I said the price we negotiate pays for the cost of development AND a profit. What negoiating like this does is that we eat into the profit margin. So again why aren't we paying for development in your opinion?I don't mean to condescend and I realize you probably know this but I need to formulate it like this in order to make my point. Drug prices work via a patent system. What happens that for the first 20 years any drug is exclusively the right of the patent holder. During that time these medicines are priced so the manufacturer recoups the price and development and makes his profit. European countries pay a price reflecting that calculation. As I said no company sells their product at a loss. They sometimes choose to not cover a particular medicine in which case European customers are obligated to pay the price for that medicine themselves. Doesn't that qualify as paying for development?I agree with what you say that they negotiate their prices but disagree on the last part.
The true story of America’s sky-high prescription drug prices
Thanks to the USA for research so that the world has new safe drugs.
This is not a simple solution to solve.
No
Developed nations needs to help pay the cost for very expensive research that helps the whole world.
Get all governments out of health care as well as education.
But the politicians want their greedy power.
No I proposed a mixed balance of free market with certain regulations.
Not full government control.