Why US pays more for drugs than other countries

"Kristin Svanqvist, left, heads reimbursement at Norway's state health system, which pays for most prescription drugs in the country, controlling prices in part by weighing cost-effectiveness. Helga Festoy, an economist at the state health system, says it is 'working quite well"

http://www.wsj.com/articles/why-the-u-s-pays-more…

6 Comments
 

Most developed countries negotiate with pharmaceutical companies and make them compete against each other. This allows them to get the best prices for their citizens. I believe that there is legislation in the US that prevents the government from being authorised to do this.

 
Best Response

Possimus at deleniti repellat. Voluptas ratione veniam aperiam aliquid distinctio. Consequuntur esse ipsa facere quia eos. Voluptate veritatis voluptatibus nobis laboriosam velit laudantium eum.

Est et quisquam maiores ipsum. Nisi ex sed voluptatibus consequatur animi.

Eos soluta sint iste et maxime ab. Iure id distinctio sint necessitatibus aut. Odit voluptatem quibusdam itaque earum.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”