[secretagent]

Then Congress adopted the Vaccine for Children Act, which made the government a monopsony buyer. The feds now purchase over half of all vaccines at a low fixed price and distribute them to doctors. This has essentially finished off the private market.

I don't see how this drives companies out of the vaccine business, unless the US govt mandates that drug companies sell to them at a low fixed price, or not at all.

[JSteff]

"unless the US govt mandates that drug companies sell to them at a low fixed price, or not at all."

I believe that is what happened... they had to sell ONLY to the government at the price fixed by the government.

I would not find that unbelievable because if I recall correctly part of Hillary care was no one could go selectively to doctors not participating in Hillary care (ie; for something that might have required a specialist) because all doctors had to participate if they wanted any cut of the medicare pie.