Well folks, it looks like the issue to drug reimportation is back on the table!
Former Presidential candidate Senator McCain has reintroduced a bill to allow FDA approved drugs from Canada, Australia, Europe, etc to be reimported to the US. This is all in an effort to get lower drug prices for Americans.
I am not sure how all of this will work, the backlash could quite possibly be that the drug costs will significantly increase in these other countries. Why do I say that? Very simply, this bill forgets the importance that a drug distributor like McKesson, for example plays in increasing drug costs to end users. So, while some provincial and federal governments in some of these countries do work hard to keep drug costs down because inevitably (oops Nathan there is that word again) the tax payers pay for the drugs through their universal healthcare plans....McKesson and other drug distributors finds many ways to go around them.
My suggestion is that we all need to keep a close ey on our drug costs....Lets see what happens to drug costs in Canada.
Read the full article on PharmaLive, then come back here and have your say....