Hillary Clinton Has a Quietly Bold Idea to Stop Drug Price Spikes
By Jordan Weissmann
... As president, Clinton would create a task force of regulators with the power to decide whether price increases on old, essential medicines and devices were reasonable given product improvements and the amount of competition in the market. If not, the task force would have the power to mete out punishments to companies that were trying to profiteer, potentially with fines ...
... The United States is basically alone among developed countries in that it largely lets drugmakers charge whatever the market will bear ...
The ability to impose fines would require an act of Congress, so all the usual caveats about conservative legislative obstruction apply ...
http://www.slate.com/blogs/moneybox/2016/09/02/hillary_clinton_has_a_quietly_bold_idea_to_stop_drug_price_spikes.html
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