As has been noted by market watchers, industry analysts and healthcare sector investors breathed a collective sigh of relief. Notably, the administration outlined what it regards as incentives for irresponsible pricing and business practices that hurt American consumers and drain government coffers. I heard Secretary Azar say that this is merely the beginning of a process as he will continue to listen to stakeholders and consider various policy options. These are serious people who have worked in industry and in government, and they are committed to fixing a broken system. How many other products do American consumers purchase without having any sense of what it is going to cost them?

Source: Forbes May 12, 2018 15:00 UTC