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Monday, August 03, 2015

The High Cost Of Cancer Drugs

If your doctor diagnosed you with cancer, you'd be devastated. But you'd be doubly devastated when you found out how much cancer drugs cost -- over $100,000/year! That's why 118 of the nation's leading cancer experts have proposed ideas that would reduce those costs. One of them, Dr. Victor Rajkumar, joined me to spell out those ideas and to explain why prices are so high in the first place. One of the reasons is that Congress prohibits Medicare, the largest purchaser of pharmaceuticals in the country, to use its leverage to negotiate prices.

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