Why is medicine so expensive in the U.S.?" and "How safe is government healthcare (Medicare & Medicaid)?
Why Is Medicine So Expensive in the U.S.? Is Government Healthcare (Medicare & Medicaid) Safe? When it comes to healthcare, one of the most common concerns among Americans is the sky-high cost of prescription drugs . At the same time, millions rely on government health programs like Medicare and Medicaid for affordable care. So, why does medicine cost so much in the U.S., and how safe are these public healthcare options? Let’s dive into the facts—and some surprising truths. Why Is Medicine So Expensive in the United States? 1. No Price Control Unlike many countries, the U.S. government does not regulate drug prices . Pharmaceutical companies can set their own prices, often based on what the market can bear—not what the drug actually costs to produce. 2. Research & Development (R&D) Costs Drug companies argue that high prices help cover the cost of research and development . It’s true that developing a new drug can cost billions and take years. But critics argue...
