Eakinomics: Drug
Pricing Mystery Solved!
There is an old saying that there are many economic puzzles but only two
deep mysteries: Why do some countries develop and others do not, and why
are there business cycles? It is tempting to add a third: What
determines drug prices? But not so fast. There is a way to navigate the
seemingly impenetrable economics of prescription drug policy, proposals,
and programs: the AAF Drug Pricing Clinic.
The Drug Pricing Clinic is a one-stop shop for the most recent, relevant
research on issues in drug policy. Want to understand the various proposals
to reform Medicare Part D? Head to the Drug Pricing Clinic. Interested in
the legislation to “Lower Drug Costs Now”? It is there, too. Trying to figure
out what it costs to develop a new drug? You also can find that in the Drug
Pricing Clinic. In general, policymakers from across the political spectrum
are making proposals to affect the costs of prescription drugs. The
proposals are sometimes complex, but the market is even more complicated
and policy interventions will affect hundreds of millions of patients, both
in the United States and around the world. The Drug Pricing Clinic is your
guide to this policy universe.
Of course, the Drug Pricing Clinic will continue to evolve. Look for new
additions, or even suggest AAF work that you would like to see included. I
nominate this!
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