Obamacare Couldn't Stop Drug Company From Charging $13,700 for a Drug that Costs $300
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17 January 2014
Last night on The Daily Show, journalist Steven Brill exposed how Obamacare has failed to bring the outrageous price of healthcare under control, and has instead socialized the stratospheric costs of drugs and treatment.
He said although Obamacare guaranteed that onerous costs would not be the sole burden of the recipient of treatment, the government has helped pharmaceutical companies monopolize control over certain drugs through patents, and does nothing that would compel them to lower their prices.
What this has done, he said, is "created a whole bunch of new customers to get gouged in the healthcare system.” Furthermore, he dispels the fantasy that the healthcare can comport to a free-market structure. “We are the only country in the world that insists on a free-market in health care. Everybody else tried something else [that] works better," he said, citing lower costs and more availability of treatment elsewhere.