Yes, with monopolistic scheme, the people would suffer but something is being done by president Duterte so that there would arise a sensible competition for ISPS's so that prices would go down eventually.
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After reading this still do not understand what's going on there?? :( :( everything going wrong :( Really sad
I read above link find that
Medicines, for instance. I cannot forget the account of a lymphoma patient when I was training in the Philippine General Hospital: The patient’s family members would fly to India just to buy Mabthera (Rituximab); it was cheaper to go there—airfare and all—and buy the drug for around P30,000 a vial, than to buy the same vial here for P90,000.
http://opinion.inquirer.net/103710/more-expensive-in-the-philippinesIt is really bad of all what can do poor patient who do not have enough income sources :( just they are not checking companies which are charging so much high amount of medicines, Really sad :(
Yeah that's great of president Duterte, he is creating competition so prices will go down soon.
I hope so president Duterte will look on all that bad taxes too and will be take some tax reform for everyone.