Posted on 02/22/2006 3:48:15 AM PST by Pharmboy
ST. PAUL, Minn. --Retired furniture store owner Don Brock quit buying prescription drugs from Canada this year, now that he's signed up for the new federal Medicare drug benefit.
The next time he needs a refill on Lipitor, his daily anti-cholesterol drug, Brock will go to a pharmacy near his home in Litchfield. The 74-year-old says he was saving about $300 annually buying Canadian; now, he figures he'll save about $500 buying through Medicare.
Canada is losing traction as a source of cheaper prescription drugs for many Americans. Cross-border sales have fallen as much as 30 percent, according to the Canadian International Pharmacy Association, since about 42 million seniors and disabled people became eligible for Medicare drug coverage Jan. 1, and the group says U.S. authorities have stepped up enforcement of laws against importing foreign medicines. Several state Web sites connecting residents with Canadian pharmacies have also seen business fall off.
"Medicare Part D won't pay for any drugs out of the country, so I've had to stop that," said Brock, who bought Canadian drugs for more than two years. "I am saving money on this."
While Canadian pharmacists expect some of that traffic to return, they're also considering marketing more heavily to some of the 45.5 million uninsured Americans who can't afford to pay retail drug prices at home.
Canadian Internet pharmacies catering to American customers sprang up about six years ago, filling a market created by busloads of U.S. border-state seniors who came north seeking cheaper medications. Despite pressure from the pharmaceutical industry to enforce laws against the practice, U.S. regulators took a hands-off approach toward those who imported drugs for personal use, and some states turned to Canada to find savings.
Residents of New Hampshire, Illinois, Kansas, Missouri, Vermont, Wisconsin, Minnesota, North Dakota, Rhode Island, Washington and
(Excerpt) Read more at boston.com ...
The plan that the MSM keeps telling us that seniors hate?
SSSSHHHHHHH, a little fact the media would prefer to ignore! No surprise there!
Why did we socialize medical drugs?
Well, good question. But older people on fixed incomes will continue to have a tough time paying for their own drugs...what can we do? And as drugs become more specialized and expensive, we will undoubtedly reach a rationing limit. It's inevitable...
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