How about just requiring pharmaceutical companies charge American consumers the same prices they offer their products for overseas?
As did the Trump Executive Order which Biden reversed the same day he took office?
I actually wondered what happened to that Trump order on re-import of prescription drugs. Biden destroyed it, makes sense. Trump’s order really is the best way to handle this, only complaint is that I wish he did it on day one instead of in 2020. I’d even take a dose of full socialism instead of price controls. Let the Gov’t setup their own production facilities to manufacture drugs long off patent to sell at cost. If private sector can beat it, great. Not a perfect analogy, but similar to USPS in relation to UPS and FedEx. Of course USPS gets regular bailouts, which is bad....damn I don’t know the solution. Healthcare needs fixing and all the GOP seems to do (besides Trump) is scream socialism anytime something is proposed, as if healthcare is a free market now.
You are again likely blaming the company you see on the bottle for what the GOVERNMENT is doing.
The FDA et all put all these artificial controls that drive up the cost to come up with these things. Not to say we couldn’t use some, but the process of wasting time to come up with these medications etc is expensive itself. It needs to be recouped.
Meanwhile, those “other countries” didn’t put those regs on the company so they don’t need to charge for it.
Another thing that apparently happens is that other countries get the expired drugs, etc, that are throw-aways.
I don’t know all the details but I’ve heard/read a lot incidentally along the way.
I am always suspicious of what the government wants to fascistically impose.
“How about just requiring pharmaceutical companies charge American consumers the same prices they offer their products for overseas?”
When a US drug company sells drugs out of country they are not required to commit to the AMA and FDA restrictions. What the low prices don’t indicate is the drugs are not filled with as much of the healing product as is used in the US. So your going to Canada or Mexico to get that cheaper price just means if you pay half price, you get half as much drug. It is sold consistent with the content, not the name. I used to buy drugs in Mexico and when I discovered that, the trip may have been fun, but the cost tacked on to the retrieval made it actually more expensive than just buying local at a higher price. It all balances out. Oh...sinus medication, not recreational drugs. And in Mexico you can buy in bulk and have what you need instead of what the overseeing agencies tell you what you can have. But they are still expensive.
wy69
Example, I was recently prescribed Junuvia, when I went down to get the medication filled at the pharmacy my Drug Plan Deductible was $400, plus the whatever the co-pay price was. It’s about $500 without insurance.
So instead of doing that and I got in touch with a guy I deal with in India and got a 6 month supply for $224. N o problems getting it and exactly the same medication, 80% of the medication used in this country are made in India and China. Had it within a week. I got all of my Covid medications there also.
it’s easy to do just think ahead some. GO TO India Mart.Com
Another example Eliquis is a $600 medication here without insurance, in India you can get it for $15.50 a box, 30 day supply.