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Prescription Drugs: Cost on the Elderly - CC #79
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Prescription Drugs: Cost on the Elderly - CC #79
With prescription drug prices rising three times faster than the rate of inflation, a forty year battle to control rising prescription drug costs has recently led several states to seek more aggressive measures against pharmacuetical companies.  Skyrocketing medicine cost are especially hard on the elderly and people with fixed incomes. Drug companies say they are only passing along the higher costs of doing business, but critics charge that the companies are exaggerating R&D costs and blocking cheaper generic brands from entering the market. What part should the government play in controlling the price of medicines? Are drug companies treating consumers fairly?
Video Length: 1629
Date Found: February 12, 2009
Date Produced: May 02, 2003
View Count: 2
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