Drug Importation: Is it the Solution for the High Cost of Prescription Medications?

For many years the idea of allowing prescription medications to be imported from other countries has been in the news as a potential solution to the ever increasing costs for American consumers.  As the push for healthcare reform takes center stage over the next few weeks, it may resurface and be presented as a solution once again.  But there is more than meets the eye in this debate!  Lets take a look at a couple of considerations. Many people often wonder why the same prescription drug sold in many foreign countries can be so much cheaper than it is when bought in the United States.  There are a few reasons, but the major reason is due to the process it must go through in the U.S. to get approval by the Food and Drug Administration.  To quickly many consumers give this a bad … Continue reading →