Negotiating Lower Drug Prices

The Senate is currently debating an amendment that would allow for the importation of prescription drugs from Canada to the U.S.  The reason that this amendment is being pushed is that drugs prices are much lower in Canada than they are here.  There is a simple reason for that—the Canadian government negotiates directly with the drug companies to purchase drugs for the whole country (Canada has a single-payer health system where the Government provides health care for all citizens).  This is in contrast with individual insurance companies, pharmaceutical buying cooperatives and individuals here negotiating with the drug companies.  The Canadian government has much more leverage and buying power than do these individual groups, which leads to lower prices for Canadians.

But instead of simply allowing our Government to negotiate directly with the drug companies, our esteemed Senate thinks it is a better idea to just allow our citizens to reimport the drugs from Canada and other places.  Even leaving aside the health risks of reimporting drugs, there is simply no sound economic reason why we need this convoluted system to get cheaper drugs.  Furthermore, there is no reason why American citizens need to pay higher prices for drugs than the rest of the world.  Most other industrialized countries allow their governments to negotiate directly with drug companies.  Like the Canadians, this allows them to get lower prices than the US, which bans the practice.  Why should Americans have to subsidize lower prices around the world.  JUST ALLOW OUR GOVERNMENT TO NEGOTIATE BETTER PRICES.

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2 Responses to “Negotiating Lower Drug Prices”

  1. stan Says:

    You should become the Ralph Nader of the health care debate.
    See his book,(from 1000 years ago) “Unsafe at any speed”

  2. Brooke Says:

    Are you running in 2010?

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