• April 19th, 2016

Want More Value from Prescription Drugs? We Need to Let Prices Rise and Fall

Paper, Order, or Assignment Requirements

Please according to this article and only answer this question:According to Authors, “Drug pricing is also a product of a hidebound reimbursement system that does a poor job in letting prices adjust to new information about value.”- in light of the article and based on your own research, please explain why the authors suggest so. Can you provide a justification for the existence of a reimbursement system in life saving drug market? Does the hidebound reimbursement system lead to market failure?

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