Are Drug Prices Really too High?
In the last episode, we talked about why what we think about drug prices is often mythical. This episode focuses on Mandatory Government Drug Rebates that are the biggest cause of high drug prices. https://youtu.be/jwr9NDpRIiM
HHS Secretary Alex Azar says he is targeting drug rebates to lower drug prices. Will it work? In Episode 4, we spoke about the myths surrounding high drug prices. We think we know about high drug prices is wrong and explain the root of the problem – Rebates. In Episode 5, we discuss these rebates in more detail, how they work, and why HHS’s efforts will only have a marginal effect on prices.