steven schondelmeyer of the university of minnesota said the pharmaceutical industry insists its products make up a relatively small part of the health care budget. yet, he pointed out, "half of all working adults and three quarters of elderly use one prescription every week... the drug industry accounts for 4 percent of the nation's overall economy and 18-19 percent of the health care dollar."
"let's quit minimizing drugs," said shondelmeyer. "this is an institutionalized case of kickback."
different government agencies pay different prices for the same drugs. "there is no way of knowing whether and how the market works,"
said gerard anderson, a johns hopkins professor who has tracked the pharmaceutical industry. "some states pay five times more
than other states."
the free market sure is working to provide sevices at a lower cost to consumers for the pharmaceutical industry. hsa's (if widely adopted) will just turn into another giveaway from the public treasury.