Obamacare Couldn't Stop Drug Company From Charging $13,700 for a Drug that Costs $300

Obamacare did nothing to control the price of healthcare, journalist Steven Brill told Jon Stewart.

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.

 

 

Aaron Cantú is an investigator for the Marijuana Arrest Research Project and an independent journalist based in Brooklyn. Follow him on Twitter @aaronmiguel_
Sign Up!
Get AlterNet's Daily Newsletter in Your Inbox
+ sign up for additional lists
[x]
Select additional lists by selecting the checkboxes below before clicking Subscribe:
Activism
Drugs
Economy
Education
Election 2018
Environment
Food
Media
World