Medical Progress Report No. 1  December 2004


Are Drug Price Controls Good for Your Health?

Figure 4: 2004 Estimated Present Value Cost of the MMA’s Negative Impact on Pharmaceutical Innovation

Value of a Human LifeYear

Long-Run Economic Cost

$50,000

$13.8 trillion

$100,000

$27.7 trillion

$150,000

$41.5 trillion

[figure 1] [figure 2] [figure 3] [figure 4] [appendix]