US forced insurance seems like part of the problem. From the article, the response to "when did drug prices ratchet ups" was "when prescription drug coverage became part of Medicare"
This singular problem point was completely ignored by the rest of the article and in the proposed solutions.
It seems like no matter what drug companies charge, our government MUST pay it. And citizens not covered by the government MUST buy health insurance. The ACA says it is illegal for you not to buy coverage; if you don't there is a fine. If you to not pay this fine (individual responsibility tax), you go to jail.
The case of Nelene Fox shows that HMOs MUST pay for anything, even unreasonable procedures for terminally ill patients.
How can the market function when you MUST PAY?