Drugmakers Avoid Government Austerity Measures Again

BMI View: Healthcare spending in the US will continue to account for a disproportionately large percentage of its GDP. Citizens of the world's largest economy are accustomed to regular health check-ups, access to the latest diagnostics and therapeutics, choice of provider and outlet, insurance premium contributions from employers, a culture of end-of-life prolongation and extensive regulation. While this is not necessarily the 'best' form of healthcare, it is certainly the most expensive, both for individuals and the state.

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