Concerns over prescription drug prices have grown into a big political issue, with nearly one in four Americans saying it’s difficult to afford their medications, according to a March 2019 poll by the Kaiser Family Foundation. Pharmacies technically set their own prices for generic drugs, but there are other players involved that complicate the process. Here’s how the system works and what customers can do to save money.
Chapters 0:00 – Introduction 1:16 – Why pharmacies exist 3:50 – How pharmacies make money 8:51 – Regulations 10:55 – How customers can save money
President Biden has released a health care plan that proposes reducing the age of eligibility for Medicare to 60 years and introducing a public option. Larry Levitt, MPP, Executive Vice President for Health Policy at the Kaiser Family Foundation, and Karen Joynt Maddox, MD, MPH, Co-Director of the Center for Health Economics and Policy (CHEP) at @Washington University School of Medicine, and Lawrence O. Gostin, JD from the O’Neill Institute for National and Global Health Law at Georgetown University discuss prospects for health care reform under the new administration.
News, Views and Reviews For The Intellectually Curious