In this episode, we discuss why some policymakers ignore basic economic principles in crafting prescription drug pricing policies. Medicare drug price negotiation, if implemented, would reduce investment in innovation, especially in drugs for Medicare beneficiaries.
00:00 Introduction
02:05 How R&D investment decisions are made
03:35 What academic research says
05:08 Summary
We strive to translate scientific findings into plain language to answer challenging healthcare questions of our time. Our unique perspectives and insights are hard to find from other venues.
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The video is provided by Analytica Now, a company specializing in health analytics, economics, and policy. https://analyticanow.net
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