I tend to always want the free market to find the balance as well, however medical care price markets for everything are not a free market. Between patent regulations allowing for extension and monopoly combine, liability on producers, pressure from investors for profit and returns, with those prescribing and taking the drugs having no connection to the price and value the forces that drive pricing are a maelstrom. I have worked in pharma research both internal to the companies and as an external independent data reviewer. I am also aware of a both subtle and overt collusion to fix data and pricing. While I think government does nothing well this is area is a dark cave that could use some light.
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success_hawk
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The Danger of Managing Drug Prices 11 years ago
The Kansas Experiment 11 years ago
The University of Kansas has one of the lowest tuition prices in the country for a state uni. The problem is the overall education you get from the public schools and that there are very few locations to get job, when comparing pay nationally, with decent pay.