Health Care FinanceHealth Care RedesignPart D/Prescription Drugs

Should we be looking at Germany to reduce drug prices

As American lawmakers attempt to stem spiraling drug costs, they might find inspiration in Germany, where the government’s regulatory model has been curbing price growth without thwarting innovation or access. Since 2011, the German government has been requiring drugmakers to prove that a new medication’s benefits merit a higher price if cheaper, similar drugs are available. Read article here…

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