In terms of social policy this is where they are moving in the United Kingdom. Yes, I think when it comes to drugs, thinking about prescription drugs as a commodity that should be ruled based on supply and demand, especially based on the budget constraint of the different individuals, for me it is really bad policy. Especially if we have a system organized based on private insurance, private insurance is basically creating loyalty of the worker with the employer, which is not a bad thing, but what is good as well is labour mobility. The more you can have labour mobility by having coverage for everybody so they can go work anywhere they want where they are the best fit to work, yes I think it is the best policy.
On February 13th, 2014. See this statement in context.