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How An 'International Price Index' Might Help Reduce Drug Prices

A pharmacist collects packets of boxed medication from the shelves of a pharmacy in London, U.K. A proposal announced by House Speaker Nancy Pelosi Thursday would allow the government to directly negotiate the price of 250 U.S. drugs, using what the drugs cost in Australia, Canada, France, Germany, Japan, and the United Kingdom as a baseline. (Bloomberg via Getty Images)
A pharmacist collects packets of boxed medication from the shelves of a pharmacy in London, U.K. A proposal announced by House Speaker Nancy Pelosi Thursday would allow the government to directly negotiate the price of 250 U.S. drugs, using what the drugs cost in Australia, Canada, France, Germany, Japan, and the United Kingdom as a baseline. (Bloomberg via Getty Images)

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