|
In many foreign countries, the government pays for most healthcare services,
and imposes government price controls on prescription medicines in an effort
to reduce total health spending. Studies show that these price controls can
have a negative impact on pharmaceutical innovation and patient access to life-saving
medications.
Click here
to learn more about why price controls are bad for patients.
More About Price Controls:
- Report: A Primer on Price Controls
According to a new report, politicians are once again flirting with price controls. But price controls actually hurt low-income people because they keep prices artificially high, plus they stifle competition and destroy innovation. > Read
more
- Department of Health & Human Services – Competition, Innovation and Pricing for Modern Medicines
Government actions affect prices, prices affect investment, investment affects innovation, and innovation affects health. The more free competition there is in the pharmaceutical and medical device market, the more innovation the world will enjoy. > Read
more
- Guaranteed Future Pain and Suffering: The Recent Research on Drug
Price Controls
by Derek
Hunter, Heritage Foundation, November 3, 2005.
Recent research shows that price controls would lead to less research and
development in the pharmaceutical industry, fewer new prescription drugs,
and the reduced availability of prescription drugs. > Read
more
- U.S. Department of Commerce Report on Foreign Price Controls
> Read more
- U.S. Senate Testimony of Under Secretary for International Trade
on Foreign Price Controls
> Read more
|
