50 years of US industrial policy. For those of you who think it is something new.
Getting the priorities right: The Senate Budget Committee this session has held a total of 29 hearings, 15 of which were on climate and just 3 on the budget.
Burgess: Under a “warranty approach” drug companies would refund a pre-negotiated amount of the drug’s price to the payor and patient if the latter’s health does not improve as expected. Under a “cost sharing approach,” the high upfront cost of gene therapy would be shared by subsequent insurers after the treatment succeeds.
Argument: drug shortages are caused by monopolistic middlemen. (Surely not the whole of the story.)