Photographer: Getty Images

When Cancer Treatments Fail, Italy Wants Money Back

  • Refunds for ineffective drugs total 200 million euros a year
  • Health systems worldwide are watching the pricing strategy

When trying new cancer treatments, Italy’s state-run health service is demanding a money-back guarantee. The experiment is being monitored in the U.S. and across Europe, making a country better known for its fashion and fettuccine a leader in innovative strategies to rein in drug spending.

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