Commentary
As inflation rates soar toward 8 percent in the United States, many are feeling the squeeze and will be looking to save money, but one place where price inflation is nothing new in America is drugs. Pharmaceuticals made in the United States climbed in price by six times as much as everything else in a decade, reported the Journal of the American Medical Association in 2017.
This is the more tragic because soaring drug costs are driven by specific government policies. If one positive thing is to come out of the growing wave of skepticism toward Big Pharma fomented by the awful response to COVID-19, please let it be that Americans take a second look at healthcare policymaking and demand some changes.
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