Drug Pricing

U.S. prescription drug costs are the highest in the developed world because most other countries negotiate pricing directly with manufacturers. With Medicare’s 57 million plus beneficiaries, we are in the driver’s seat to negotiate needed leverage to reduce the cost of prescription drugs.

We need to allow more affordable prescription drugs to be imported. The prices of brand name drugs are much higher in the United States than other developed countries. A free market that allows the safe and legal importation of affordable prescription drugs would create a competitive environment, pressuring drug companies to lower consumer’s price.