Warmed-Over Drug Price Controls Still Unappetizing for Patients, Taxpayers … and Economists

Sometimes, meals served the second time around can be delicious. But if they were poorly prepared in the first place, they will never taste good. The same is true of warmed-over health care policies, as patients and taxpayers are about to discover. Very soon, the Biden administration and its congressional allies may introduce a legislative package to address prescription drug costs, and a form of harmful government price controls are sure to be an unappetizing leftover on the menu.

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