Why Are Prescription Drugs So Expensive? | Sean White: Health Coach

With two thirds of the U.S. population taking four or more prescription medications on average it’s not surprising that the global pharmaceutical industry is worth more than a trillion dollars. In this video, Sean discusses some of the reasons for high prescription drug costs and gives strategies for lowering your costs.

00:00 Intro
00:14 Why the global pharmaceutical industry is worth so much
00:44 A shift in the right direction
01:12 How are drug prices set?
03:06 How market competition effects pricing
03:50 Research & Development is expensive
05:00 Pharmaceutical lobbying
06:05 How can we save my on prescription drugs?
08:47 An incredibly complex and nuanced topic
10:04 End Credits

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