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Americans Will Foot The Bill For Germany's New Drug Price Controls
Americans Will Foot The Bill For Germany's New Drug Price Controls
Authored by Drew Johnson via PJMedia.com,
Germany just found a new way to lower its own healthcare costs: make Americans pay more.
In late April, German policymakers proposed changes that cap spending growth, restrict care, and force drugmakers to provide steep discounts.
These changes are supposed to save Germany money. But drugmakers still need to recoup the high costs of research and development. When a country like Germany suppresses the prices it pays for innovative medicines, those costs don't disappear — they simply shift...
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