Editorial Board
Let Medicare Tackle High Drug Costs
Hillary Clinton and Bernie Sanders agree on this much: Stop tying the agency's hands.
Volume matters.
Photographer: Krisztian Bocsi/BloombergThe rising cost of prescription drugs isn't quite the crisis it's made out to be, but it's still worth addressing. Hillary Clinton isn't alone in suggesting the most sensible way to do that.
First, about that crisis. Yes, the U.S. pays 40 percent more for drugs than other countries do, and last year those costs rose 12.6 percent. But the increase is expected to slow, and drugs still account for just 10 cents of every dollar Americans spend on health care.