$67 in France and $798 in US–Why Prescription Drug Prices Are so High in US

Many countries leverage the buying power of their national health plans to gain low prices from manufacturers. But there are drawbacks to that approach.

Illustration by The Epoch Times, Shutterstock

Prescription drugs cost more in the United States than anywhere else in the world. President Donald Trump and some bipartisan senators want to change that.

Trump has so far issued several actions related to prescription drug prices. The latest, announced May 12, is a Most Favored Nation Prescription Drug policy, requiring pharmaceutical companies to offer their lowest price to U.S. customers.