Center for American Progress

How Your Tax Dollars Are Subsidizing Drug Companies
Video

How Your Tax Dollars Are Subsidizing Drug Companies

Millions of Americans are seeing the cost of their medications go up, but drug companies are getting two bites out of our pocketbook.

Millions of Americans are seeing the cost of their medications go up. But what you might not know is that even as they rake in record profits, drug companies are getting two bites out of our pocketbook—once at the pharmacy and once during the creation and marketing phase of new drugs. Watch this video to learn how they get away with it and what we can do about it.

Thomas Huelskoetter is a policy analyst for Health Policy at the Center for American Progress. Andrew Satter is the director of Video at the Center. 

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Authors

Thomas Huelskoetter

Policy Analyst

Andrew Satter

Senior Director, Video