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Practice Listening: Select Missing Word
ID: #4286
Short
Health and patients
Transcript:
What we see in healthcare is not like what we see in any other economic market. It’s sad, it’s amusing, it’s baffling, which is why I undertook this book. Basically, if you look at drug prices for example there was a miraculous drug called Glivac which really changed cancer patients life when it came out 15-20 years ago. Now there are many many copycat versions of Glivac. We call them in profession sons of Glivac and they are all 4-5 times more expensive than Glivac was when it came out. So if you are looking at a world where economic markets worked you would think there are 10 of these now so - the price should have come down.
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