Because the US buys medicine at absurd pricing. Something that should cost dollars, costs hundreds. [0]
[0] https://aspe.hhs.gov/reports/comparing-prescription-drugs
Because the US buys medicine at absurd pricing. Something that should cost dollars, costs hundreds. [0]
[0] https://aspe.hhs.gov/reports/comparing-prescription-drugs
Don't believe that - not that the US doesn't pay well over the odds - that's clear - but it's the major cause to overall higher healthcare costs.
Typically health care is massively human capital intensive with like 50% on wages, and only 10% on drugs.
I suspect the blame lies with a broken market and inflated prices costs across the board ( ie the higher drug prices are a symptom of a wider systemic problem ).