Forbes, April 28, 2014
Health care costs are dramatically higher in the U.S. than in the rest of the world. Yet our health care outcomes – from life expectancy to infant mortality – are average at best. There is little dispute over these facts. The real debate comes when we ask why. While there isn't one single answer, the rapidly rising cost of drugs and medical devices is a significant factor. And the magnitude of this problem is likely to spike in the future if not properly addressed. Pharmaceutical and medical device manufacturers have been criticized for their role in health care for over a decade.
