WPC's Center for Health Care develops patient-centered solutions to reduce costs and improve the availability and quality of health care for businesses and individuals, providing the only detailed, independent critique of health care issues available in the Northwest.
Roger Stark, MD, FACS; WPC Health Care Policy Analyst, November, 2015
Roger Stark, MD, FACS, WPC Health Care Analyst, October, 2015
Presidential candidates Hillary Clinton and Bernie Sanders, as well as many other elected officials, are demanding that the government impose price controls on medicines as a way to bring down health care costs. In 2013, prescription drug costs accounted for just nine percent of overall health care expenses. In economics, setting price limits on goods and services always results in scarcity, with fewer of those things being produced and made available to consumers. This has been confirmed by the disastrous centrally-planned economies of communist countries.
Roger Stark, MD, FACS; WPC Health Care Policy Analyst, September, 2015