How Drug Prices Work | WSJ 'I'm Still Angry,' A Tiananmen 1 day ago   06:45

Wall Street Journal
Drug pricing is complicated and secretive. WSJ explains how the flow of money, drugs and rebates behind the scenes may drive up the price of prescription medicine for consumers. Illustration: Mallory Brangan

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Comments 271 Comments

Tarzan
It is made complex on purpose, so that lots of moochers can live off of it.
FoodLiquorCool
Such a great video, so much more informative than anything else I've seen on drug prices.
Subvisual Haze
It's just an elaborate series of kickbacks to maximize insurance company and drug manufacturer profits and leave the consumer/taxpayer footing the ever increasing bill.
C M
Pharma Companies use public funded colleges and universities to do the majority of the testing and research.
Lisa Hatch
Pay to play. Ridiculous. Corruption right in front of our eyes.
ainslie187
Bureaucrats ruin everything, far as I'm concerned they are just slightly better than serial killers and child molesters.
Maximus
This is part of the reason why American's pay the most for prescription drugs. A corrupt broken system.
C. Lincoln
How would you disrupt that whole industry?
Could you make a video on that. It might inspire the next Elon Musk / Uber / Jeff Bezos etc.
Jim Tsai
Why can't the government do something about it? I will ask my senator, Ted Cruz, the next time I see him.
Cason Riley
$10 a g no deals
bgregg55
And US citizens get hosed for pharmaceuticals. They would be amazed how cheap they are in Mexico.
HaiHiung Lo
Look at the CEO of that Pharma company, he's completely unapologetic about profit and have no concern at all about patients. This is what's gone wrong in America, capitalism above everything else. They don't care about patients (read people), all they care about is the green back.
whiterooksme
Well explained. Thank you.
S Gill
The Insurance companies and PBM are fleecing patients who don't have a choice. The rebate is a kickback bribe to the PBM gatekeeper to gain market access.
Alex Rojas
Thought it was the other type of drugs
physcoer
That’s why I buy my cocaine directly from Columbia, I get daily news coverage on how my product is being made.
don dupit
Why are they so expensive?
Its called Drug money
Ashwin
Why do we even have a formulary? Can't we just buy the drugs that doctors prescribe? Even if doctors are involved in corruption, there would still be some good/honest clinics/doctors that people can trust
Monty Thibault
In all my reading about this subject, I've come to the conclusion that non-disclosure of pricing is the means that insurance companies and pharmaceutical companies use to eliminate fair-market competition. Their non-disclosure is mutually beneficial, and economically equivalent to a cartel. There's nothing wrong with private insurance companies, but those companies combined price non-disclosure are really the main reasons why the US has its high medicine prices.
Evil bred
The 'invisible hand of the market' making America great again.
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'I'm Still Angry,' A Tiananmen How Drug Prices Work | WSJ 1 day ago   03:29

Rose Tang, an activist and artist in Brooklyn, was among pro-democracy protesters in Beijing's Tiananmen Square on June 4, 1989. On the 30th anniversary of the military crackdown, she talks about what sparked the demonstrations and why they’re important to remember. Photo: Dorothy Hong for The Wall Street Journal

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