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> It was kinda sleazy to see the congress question him about his price increases when they knew damn well it was perfectly legal and they haven't done anything to stop it.

Do you have any suggestions on how what exactly they should've done? Passed a law that says "you cannot increase the price of a drug beyond 5x" or something?

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Just to throw something out there to start, I would limit price hikes over time, say 10% a year. I'm open to any alternatives.

Without even any mention of what the manufacturer can do to cover cost increases? You really think it can be so simple?

I would suspect the vast majority of the cost of drugs is R&D, including the FDA approval process. They can factor that in on initial cost when they release the drug. The 10% is only for increases.

Hopefully instead of someone buying a drug that has already been released won't buy it because they can jack up the price 5000%. They would have to factor in the 10% rule when purchasing. Unfortunately this might lead to expensive release costs, but that already happens.

It might not be perfect, but 6000% increases because more yachts is a hell of a lot worse.

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