America Can Afford a World-Class Health System. Why Don't We Have One?
In March, Congress passed a coronavirus bill including $3.1 billion to develop and produce drugs and vaccines. The bipartisan consensus was unusual. Less unusual was the successful lobbying by pharmaceutical companies to weaken or kill provisions that addressed affordability measures that could be used to control prices or invalidate patents for any new drugs.
The notion of price control is anathema to health care companies. It threatens their basic business model, in which the government grants them approvals and patents, pays whatever they ask, and works hand in hand with them as they deliver the worst health outcomes at the highest costs in the rich world.
The American health care industry is not good at promoting health, but it excels at taking money from all of us for its benefit. It is an engine of inequality.
Now is a difficult time to talk about the costs of health care. Doctors and nurses are risking their lives to fight the virus. We need more doctors and nurses. We need more beds, more ventilators and more protective equipment, and we need vaccines and drugs. High prices are not the best nor the only way to get drugs or vaccines that will win the war against the virus, but they can help.
https://www.nytimes.com/2020/04/14/opinion/covid-inequality-health-care.html