Americans Have a Cure for High Drug Prices: Transparency

Americans Have a Cure for High Drug Prices: Transparency

Susanne Posel ,Chief Editor Occupy Corporatism | Media Spokesperson, HEALTH MAX Group

tracking-poll-slab-graphic_septemberAccording to a Kaiser Family Foundation survey both Democrats and Republicans agree the US government should force the pharmaceutical industry to lower drug prices.

Seventy-seven percent of Americans polled said “prescription drug costs are unreasonable” and there is a strong desire to have the US government implement “a variety of actions in order to keep costs down” such as:

  • Requiring drug companies to release information to the public on how they set their drug prices
  • Allowing the federal government to negotiate with drug companies to get a lower price on medications for people on Medicare
  • Limiting the amount drug companies can charge for high-cost drugs
  • Allowing Americans to buy prescription drugs imported from Canada
  • Creating an independent group that oversees the pricing of prescription drugs

When it comes to paying for prescription drugs, the survey found only 14% said “it is difficult to pay for their drugs” which might explain why 26% fewer patients are taking their prescription medications.

8738-fig-1With two-thirds of Americans agreeing that there needs to be an independent group overseeing drug prices, one solution could be importing medicines from Canada. Seventy-one percent of those polled are in support of such a solution.

Another solution could be making the process by which medication prices are set transparent. This would extend to generic drugs and older medications; both of which are priced to exploit lucrative profits for pharmaceutical companies.

This coincides with a bipartisan proposal introduced on Capitol Hill that would ensure industry costs are disclosed and price hikes could be assessed for justification.

Susanne Posel

Susanne Posel

Chief Editor | Investigative Journalist OccupyCorporatism.com


Tags assigned to this article:
big pharmacorporations

Related Articles

UK Wants to Create Designer Babies With 3-Parent Process

Susanne Posel Occupy Corporatism June 29, 2013         The UK wants to be the first nation to

Senators & Panel Question FDA Approval of OxyContin For Kids

Susanne Posel ,Chief Editor Occupy Corporatism | Co-Founder, Legacy Bio-Naturals September 10, 2015   The Food and Drug Administration (FDA)

Australian Gov to Begin GMO Cholera Vaccine Trials on Citizens

Susanne Posel Occupy Corporatism November 18, 2013     PaxVax Australia has applied to the Australian Department of Health Office