i assume drug prices are much higher in the US than the UK - is this correct? if the US healthcare system was nationalised presumably this would result in lower drug prices (and therefore lower the overall cost of healthcare) as the government would be able to exert much more power in negotiating prices as the main buyer. I don't see anyone in the US arguing this point, maybe I am wrong.
If you're talking about wholesale price, I don't think this is true. NICE, the clinical body that approves drugs to be offered as treatment in the UK, isn't allowed to negotiate prices with drug companies, which sounds crazy.
If you're talking about wholesale price, I don't think this is true. NICE, the clinical body that approves drugs to be offered as treatment in the UK, isn't allowed to negotiate prices with drug companies, which sounds crazy.