Wayne Winegarden Talks Prescription Drugs in Healthline
Title: Prescription Drug Prices in the U.S. Are Twice as High: Here’s Why
By Christopher Curley
Most people in the United States know that prescription drugs can be expensive.
How expensive?
Prescription drugs in the United States on average cost around 2.5 times more than those same drugs do in other Western countries, according to a new report from the nonprofit, nonpartisan research organization, RAND Corporation. . .
. . .
“Since gross prices have been growing much faster than net prices — in fact, over the past 3 years, net prices have been declining — there has been an inequitable cost shifting that has been occurring,” said Wayne Winegarden, PhD, an economist with the Pacific Research Institute (PRI) and the director of PRI’s Center for Medical Economics and Innovation.
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