Using the Six Steps of Decision-Making framework from this week’s content, please develop an essay responding to the following questions related to the case study The Ethics of Global Drug Pricing.
Recognize decision requirement: What are the ethical issues being discussed in the case concerning drug pricing?
Diagnosis and analysis of causes: Why are drug prices so high in the United States and what should be done?
Development of alternatives: What are other countries doing to fight high drug prices?
Selection of desired alternative: Decide on alternatives for the United States.
Implementation of alternatives: Which alternatives would be best to drive down drug prices in the United States?
Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?