2. Americans are paying the same amount
for their prescription drugs as Canadians and the rest of the world.
- Americans now spend more than $200 billion a year on prescription drugs, and that figure is rising on
average about 10 to 12 percent a year. (July 2, 2005 - Brattleboro Reformer)
- Americans pay the highest prescription-drug prices in the world, 30 to 300 percent higher than
abroad. (July 6, 2005 - The Washington Times)
- Americans pay the highest prescription drug prices in the world, and US lawmakers are pushing to
legalize the importation of wholesale prescription drugs as well as Internet purchases from Canada and other countries. Four
bills are pending in Congress but have met with opposition from the pharmaceutical lobby and from the Food and Drug
Administration. (July 3, 2005 - Rednova.com)
- Americans pay the highest prescription-drug prices in
the world, 30 to 300 percent higher than abroad. (July 6, 2005 - The Washington
Times)
- Americans pay the highest prescription drug prices in
the world, and US lawmakers are pushing to legalize the importation of wholesale
prescription drugs as well as Internet purchases from Canada and other countries.
Four bills are pending in Congress but have met with opposition from the pharmaceutical
lobby and from the Food and Drug Administration. (July 3, 2005 - Rednova.com)
- Springfield imported about $4.5 million in drugs in
the 12 months ending in March, saving about $1.9 million, said Chris Collins,
who helps oversee the program. (June 29, 2005 - Bloomberg)
- A study by the 11-member Massachusetts Group Insurance
Commission, which runs the state employees' health insurance plan and is appointed
by the governor, found in 2003 that importing drugs for state workers would
save taxpayers $1.4 million a year after expenses. (June 29, 2005 - Bloomberg)
- The American Federation of State, County and Municipal
Employees, a Washington-based labour union, supports drug imports. (June 29,
2005 - Bloomberg)
- Montgomery County spends about $70 million a year on
prescriptions for it's 85,000 employees and retirees. During the protracted
drug importation debate last year, a council study estimated importation could
save the county treasury between $6 million and $15 million a year. (June
29, 2005 - Gazette.net)
- Thousands of municipal workers and retirees across Massachusetts
have followed the lead of Springfield, the state's third-largest city, and
turned to Canada for cheaper prescription drugs in defiance of federal rules.
(June 29, 2005 - Bloomberg)
- . The Congressional Budget Office estimated that a bill
allowing prescription drug imports would reduce total prescription drug expenditures
in the United States by about 1 percent or $40 billion, over a 10-year period.
Federal spending would be reduced for Medicaid Part B by $2.9 billion over
a 10-year period. The cost of prescription drugs for military personnel and
veterans would be reduced by $400 million over a 10-year period. (Daily Southtown
- May 27, 2005)
- Springfield, Massachusetts estimates it has save $4
million since it began offering the Canadian prescription plan to employees
in 2003. (Boston Globe - May 22, 2005)
- Prescription drugs cost way too much in this country
because Americans alone are footing the bill for research as well as advertising
and handsome industry profits. Patients in Canada and other nations that have
negotiated discounts with the drug makers are getting a bit of a free ride.
(Baltimore Sun - December 26, 2004)
- The United States spends more on health care than any
other country on earth - nearly 15 percent of its overall economy. That's
nearly a half again as much as other countries and on a per capita basis,
no one is even close. (Progressive Trail.org - November 12, 2004)
- The United States spends more on health care than any
other country on earth - nearly 15 percent of its overall economy. That's
nearly a half again as much as other countries and on a per capita basis,
no one is even close. (Progressive Trail.org - November 12, 2004)
- Americans pay 108 percent more than the French and 118
percent more than Italians for the same drugs. (San Francisco Gate October
29, 2004)
- Americans on average paid 81 percent more for patented
brand name drugs last year than buyers in Canada and six western European
countries. That gap represents a significant increase from 2000, when the
cost differential between the United States and the seven other countries
was 60 percent. (San Francisco Gate - October 29, 2004)
- Given concerns about the safety of the existing drug
supply within the United States, imported drugs may in fact be safer than
drugs that have been distributed to Americans by major U.S. drug companies.
(E-Mediawire - December 9, 2004)
- More than 20 percent of the top 200 brand name drugs
sold in the United States are actually made in other countries. (Morning Call
October 10, 2004)
- Canadian standards are no less than our own and clearly
don't deserve to be lumped into the same category as Chinese pirated versions
of movies and software. (Lebanon Daily News – August 16, 2004)
- The FDA, in congressional hearings, has not been able
to show a single case where a Canadian drug has damaged a U.S. citizen. (NBC
Columbus August 11, 2004)
- According to a poll conducted by Opinion Research Corp.,
thirty–three per cent of Americans are planning to purchase their
prescription drugs from Canadian pharmacies due to the double whammy of rising
drug costs and shrinking health coverage south of the border. (The Medical
Post – October 5, 2004)
- A report released by Kentucky State Auditor Crit Luallen
estimates that Kentucky could save up to $107.6 million each year by re–importing
drugs from Canada, where they are on average 40 percent cheaper than in the
United States. (The News–Enterprise – October 5, 2004)
- In 2002, the price gap (between U.S. and Canadian drugs)
is estimated to be about 67 percent. (Newsitem.com – October 1,
2004)
- Americans pay more for their drugs than residents of
almost every developed country. (Des Moines Register – September
29, 2004)
- According to a poll conducted by Opinion Research Corp.,
thirty-three per cent of Americans are planning to purchase their prescription
drugs from Canadian pharmacies due to the double whammy of rising drug costs
and shrinking health coverage south of the border. (The Medical Post –
October 5, 2004)
- A report released by Kentucky State Auditor Crit Luallen
estimates that Kentucky could save up to $107.6 million each year by re-importing
drugs from Canada, where they are on average 40 percent cheaper than in the
United States. (The News-Enterprise October 5, 2004)
- In 2002, the price gap (between U.S. and Canadian drugs)
is estimated to be about 67 percent. (Newsitem.com – October 1, 2004)
- In recent years, spending on prescription drugs has
grown at an average annual rate of 14.5 percent. If it continues at this rate,
spending on prescription drugs will nearly double in five years. Due to price
controls in Canada and other countries, less expensive drugs are available
across the northern border or overseas. (MSNBC September 22, 2004)
- Americans pay more for their drugs than residents of
almost every developed country. (Des Moines Register - September 29, 2004)
- If Americans had paid Canadian prices for brand-name
drugs in 2001, they would have saved $38 billion. (Milwaukee Journal Sentinel
August 9, 2004)
- Scott McKibbin, Illinois special advocate for prescription
drugs, told the West Virginia Pharmaceutical Cost Management Council that
Illinois could reduce the $340 million it spends annually on prescription
drugs by as much as $91 million a year if it could import drugs from Canada,
that state's drug czar said Wednesday. (The Charleston Gazette July 29, 2004)
- If West Virginia paid the same prices for prescription
drugs as those in Australia, the Public Employees Insurance Agency in the
state would save $13 million a year off its 10 most prescribed drugs alone.
(E-Commerce Times July 29, 2004)
- Americans bought about $1 billion in pharmaceuticals
from Canada last year, saving up to 70% over the cost of drugs in the United
States, according to the Canadian International Pharmacy Association. (Detroit
Free Press July 10, 2004)
- Pricing: for every dollar Americans spend on brand-name
drugs, the Swiss pay 65 cents, Italians 49 cents and Canadians typically pay
half of what Americans pay. (The Charleston Gazette July 15, 2004)
- Springfield, Mass., one of the first jurisdictions
to adopt the practice of allowing public employees to import Canadian drugs
estimates it has saved $2 million. (Baltimore Sun July 27, 2004)
- Last year, an estimated two million Americans purchased
prescription drugs from Canada, whether they crossed the border in person
or ordered their medications online, saving between 20-70% in the process,
according to the U.S. Food and Drug Administration. (CBS July 27, 2004)
- The US is the most lucrative drug market in the world,
accounting for about half the global industry's sales. The absence of price
controls has allowed for a much higher mark-up on the manufacturing costs
of drugs. (Independent Digital July 21, 2004)
- Researchers at the John Hopkins and Pennsylvania States
Universities calculate that if Medicare patients could get the same discounts
found on key drugs in Canada, France, and Great Britain, prices could be an
average of 45 percent lower and total spending for drugs would be about $28
billion a year less, allowing complete coverage through the insurance program.
Compared to the U.S. prices, the drugs were 52 percent lower in Canada, 59
percent lower in France and 47 percent lower in the United Kingdom. (Scripps
Howard News Service July 21, 2004)
- Minnesota seniors are currently paying an average of
208% more for their prescription drugs than they would if they were permitted
to purchase FDA-approved drugs form Canada. (U.S. Newswire August 16, 2004)
- America's seniors would have better access to medicines
if US drug prices were slashed to the level paid in other industrialized nations.
(TIME February, 2004)
- Americans comprise just 5 percent of the world's population,
but account for 50 percent of the world's spending on drugs. (Globe and Mail
November 17, 2004)
- Since 1992, annual spending on prescription drugs has
nearly doubled to $192 billion. That's significantly higher than inflation,
demonstrating how quickly prices are spiraling out of control. (Wakefield
Observer August 19, 2004)
- The United States is the last industrialized country
where drug manufacturers are allowed to set prices without government input.
As a result, drug prices here in 2002 were a sickening 67% higher than in
Canada. That's for the same drugs manufactured in the United States by major
U.S. companies. (The Saratogian August 20, 2004)
- A group of California pharmacies filed suit on August
26, 2004 against several of the largest drug manufacturers claiming price
gouging in the United States compared to prices elsewhere in the world. The
complaint charges that U.S. retailers paid up 400 percent more for drugs than
foreign firms. Those charged include; Pfizer, Johnson & Johnson, Merck, Bristol-Myers
Squibb, Abbott Laboratories, Wyeth, Eli Lilly, GlaxoSmithKline, Allergan,
Hoffman-La Roche, Aventis, AstraZeneca, Novartis and Boehringer Ingelheim.
(Reuters August 27, 2004)
- Medicine prices in the United Kingdom will be cut
by 7 percent under a new five-year deal between the government and drug
makers that will save more than 1.8 billion pounds on the nation's drug
bill. (November 3, 2004 - Reuters)
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