Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Not necessarily, but in effect, yes – because the state itself buys so much medicine at the lowest price available, the price for private businesses also drops as if they were buying via the state
Supplementary point: here in New Zealand we also have Single Buyer.
That means for all medicine there is one buyer, who is able to negotiate bulk pricing with international drug companies.
Isn’t that an intrinsic part of single payer healthcare?
Not necessarily, but in effect, yes – because the state itself buys so much medicine at the lowest price available, the price for private businesses also drops as if they were buying via the state