Birdwatch Note Rating
2022-11-18 00:19:53 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 7CC770211579930D9544B9A15BCA2814EA3D339792B5F60F326E6480B3563AAB
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Original Note:
Commonly cited factors for high drug prices are: No single-payer negotiation, Lack of government regulation, Drug patents and exclusivity, Lack of comparative research across drugs. https://www.goodrx.com/healthcare-access/drug-cost-and-savings/why-are-prescription-drugs-more-expensive-in-the-us-than-in-other-countries Class action suits have been used to address manufacturer collusion to keep prices high. https://nastlaw.com/generic-drug-price-fixing-lawsuit/
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