Question
5. The healthcare industry and the federal government are deeply intertwined (regulations, requirements, policies, etc). One of the most sweeping government ventures into the industry
5. The healthcare industry and the federal government are deeply intertwined (regulations, requirements, policies, etc). One of the most sweeping government ventures into the industry is the Patient Protection and Affordable Care Act (ACA). Additionally, it seems harly a week goes by without a major media expose on drug prices or serious political debate about the level of drug prices. From these two perspectives discuss the impact of government regulation/policies/price controls etc on the pharmaceutical and medical device industries. Specifically, describe how the ACA impacts the medical device industry and the potential resulting consequences and how drug price controls might impact future drug development.
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