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Helping Americans Get The Truth About Prescription Drug Savings
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State of The Union For Prescription Drug Prices Not So Strong

In the State of the Union speech last night, President Obama highlighted prescription savings benefits in his otherwise brief coverage of new healthcare reform. As we’ve previously reported, and President Obama was clear to state, those prescription savings will go mostly to our nation’s seniors who are enrolled in Medicare. Beginning last September, many of America’s seniors received $250 rebate checks for prescription drug costs, a small step toward affordable healthcare. Better yet, starting this year, the coverage gap will narrow, with enrollees receiving a 50% discount on brand name drugs, and by 2020, a 75% discount. While the “doughnut hole” will not fully be closed, the savings will mean that far fewer Medicare enrollees will face exorbitant brand name drug prices out of pocket. (more…)

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Senator Grassley Signals a Possible Comeback for Drug Importation Legislation

With drug importation champion Senator Byron Dorgan’s departure from the Senate, advocates for lower drug prices were concerned that no one would step up to the plate. Raising the issue from the dead, in an interview yesterday with IowaPolitics.com, Senator Chuck Grassley (R-IA), who supported the Dorgan bill, has boldly picked up the torch unambiguously voicing his continuing support of the legislation to allow lower priced drug imports.

Senator Grassley’s frames the issue as follows:

“Giving American consumers access to imported prescription drugs would force pharmaceutical companies to re-evaluate this unfair pricing strategy and drive U.S. prices down. It’s a free-trade issue. American consumers are able to buy almost every other product available from other countries. The same should be true for prescription drugs.” (more…)

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AEI Scholar Calls for the Decriminalization of Personal Drug Importation; Suggests Consumers Check PharmacyChecker.com List of Approved Online Pharmacies

As too many Americans skip taking their medication due to cost, the issue of drug affordability is of critical importance to public health. It is also one that politicians ignore or wrongly address to their peril. Urging Republican lawmakers not to ignore Americans who are struggling with high drug prices, Roger Bate of the American Enterprise Institute recommended a nuanced, free-market approach to the problem of high drug prices. In an article published yesterday by AEI, Mr. Bate called for the decriminalization of personal drug importation and the continued statutory ban on wholesale drug importation. By doing so, more Americans who are disadvantaged by high drug prices can find relief through safe and affordable international online pharmacies, while not undermining pharmaceutical research and development in the United States, which, he argues, relies on the maintenance of our wholesale drug importation laws.

Underscoring Mr. Bate’s position was his recognition, based on his own empirical research, that Americans who purchase brand name prescription drugs from non-U.S. pharmacies could do so with confidence by consulting the approved list of online pharmacies found on PharmacyChecker.com.

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