Too little too late, or perhaps the beginnings of real change? CVS ditches old model of complex formulas used to set the prices of the prescription drugs it sells, and shifts to a simpler model that could upend how American pharmacies are paid. However, the change does not get rid of all the middle men taking money along the way, or deal with the overpricing by pharmaceuticals. Thanks to a powerful lobby and too many corrupt politicians more concerned with their campaign contributions than the public they represent, our government refuses to tackle the problem of over pricing of pharmaceutical drugs. Consequently, consumers in the United States pay many times more than consumers in other countries for the very same drugs! With out-of-control costs, its not surprising that 50% of prescriptions written by doctors go unfilled. Or that untreated patients end up in hospitals which costs someone tens of thousands of dollars instead. https://lnkd.in/guhZUTvM
Well said Richard
Well said
Great share
Life Sciences Quality and Compliance Professional, MSQA, DPS, CQA, CQM (21.1 K connections)
9moYeah, ok