Tag: big pharma

Cancer drugs; 60 minutes investigates the high cost and why doctors are furious

  Cancer drugs; 60 minutes investigates the high cost and why doctors are furious. Medical cost bankruptcy is a huge problem in the United States, and part of the problem has to do with the high cost of treatment for cancer due which is driven by the drugs that are used to treat it. Much of the cost explosion was allowed by the Medicare part D plans that came into law in 2006, with no provision for the government to negotiate drug prices. Without government oversight, small insurers stand little chance of fairly negotiating those prices as well, which has Read More »