Talking about drug prices

By Tom Dean on Wednesday, August 9, 2023
  • Tom Dean, MD is a retired family physician who practiced for over 40 years in Wessington Springs, SD and a past member of the Medicare Payment Advisory Commission (MedPAC).
    Tom Dean, MD is a retired family physician who practiced for over 40 years in Wessington Springs, SD and a past member of the Medicare Payment Advisory Commission (MedPAC).
High costs and shortages of pharmaceuticals are serious, on-going issues. Drug prices in the US are among the highest in the world. A recent survey by the Rand Corporation looked at drug prices in 32 developed countries. US prices were the highest in the group and were more than twice the average of prices in other countries. What is especially troubling is that the products sold in many of these…

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