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Writer's picturePaul Warrick

400% Price Hike in Essential Antibiotics? Not if We Have Mi Care or Medicare for All!!

With Medicare for All, or with Mi Care in Michigan, drug companies will be limited in their ability to raise prescription prices.


READ how one pharmaceutical company recently jacked up the price of their drug nitrofurantoin (something the World Health Organization classifies an "Essential Drug" for the treatment of specific infections) from $474.75 to $2,392. The CEO justifies the obscene price hike with this comment: “I agree with Martin Shkreli that when he raised the price of his drug he was within his rights because he had to reward his shareholders....."

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