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As a former President of Eli Lilly, Secretary Azar understands the drug pricing system deeply.
But many people see industry changes as realigning players in the opaque drug pricing system.
The Medicare bill also requires the Bush administration to apprise Congress on progress toward opening Australia's drug pricing system.
Novo Nordisk's U.S. president, Jakob Riis, said on his company's website that the drug pricing system needs to be transformed.
A Stanford professor unpacks some of the dynamics of the current drug pricing system and the potential effects of other approaches to this market.
The 19-page HHS report, which looks specifically at drugs purchased and dispensed by doctors under Part B, "provides troubling insight into how the current international drug pricing system has put America in last place," Azar tweeted.
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"The current international drug-pricing system has put America in last place," Alex M. Azar II, the secretary of health and human services, said in unveiling the report.
Amazon's possible entry into the drug business has become a sort of health-care Rorschach test, with analysts, consumers and others projecting onto it ways the company could make a byzantine drug-pricing system simple and cheaper.
Egypt's fixed drug-price system has made it increasingly difficult for pharmaceutical companies to cope with a sharp fall of the local currency against the dollar this year, and executives say most companies are losing money.
Some health policy experts say such programs ultimately keep America's broken drug-pricing system broken, shifting the cost of drugs from individual patients to taxpayers and insurers, because insurance companies administering both private and Obamacare-funded plans end up paying the high drug costs.
To the Editor: By forcing patients to pay a high percentage of the cost of expensive drugs, the new drug-industry pricing system places an undue burden on the most critically ill.
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