OBAMACARE STATES LOOK TO OPEN HIGHWAY TO CANADA FOR LOWER COST DRUGS: FAIL TO ADDRESS REAL PROBLEM

Posted on February 12, 2018

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AP: “Lawmakers in more than two-thirds of the states are considering ways to reduce prescription drug costs, including importing them from Canada, as they strive to balance budgets without knowing for sure what their government’s share of the tab will be.”

“Allowing patients to buy medication from other countries with strict drug standards, such as Canada, is an idea that has long been floated in Washington by lawmakers of both parties. But each time, it has been blocked by the powerful drug lobby.
President Donald Trump has supported opening up imports, and in his State of the Union speech called drug prices an “injustice” and promised action this year. But it’s still unclear whether his administration will take the importation route. New Health and Human Services Secretary Alex Azar has favored other steps to increase competition domestically.
Federal law since 2003 has allowed the U.S. health secretary to give states permission to import drugs, but such permission has never been granted. Federal drug-import legislation, introduced by Vermont’s independent U.S. Sen. Bernie Sanders last year, is once again being considered by Congress, though states are taking the bolder approaches.”

There is no freedom of choice with ObamaCare, demand on generics increased, supply decreased, and prices soared. Today those $5 generic scripts sell for $80, another ObamaCare glitch.

Pharmaceutical companies were castrated for not marketing generic products before the 5yr patent expiration.

Now instead of addressing the real problem, ObamaCare, efforts are being made to open the highways to Canada in order to provide savings to consumers, budget help to states.


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AP: States look to lower drug costs, consider Canadian imports

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Posted in: News, Politics