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TSCL`s Prescription Drug Reimportation Advocacy
Prescription Drug Reimportation – TSCL supported bills in the House (H.R. 328) and Senate (S.334 and S.109) that would in our view make safe and secure prescription drug reimportation a reality. The implementation of the Medicare Part D prescription drug benefit led some in Congress to believe that the prescription drug situation was solved for most seniors. It therefore became more difficult to garner support in Congress for reimportation bills at the end of the 109th session. But the overall results of the Medicare Part D drug benefit have not yet been fully determined. Simply put, pharmaceutical companies have been over-charging the American consumer for prescription drugs compared with costs for the same drugs in Canada and Europe. Pharmaceutical companies have made bulk deals with governments (such as Canada) where they still make substantial profits while charging much less for the prescriptions. TSCL believes that it is not a safety issue as much as it is an issue of pharmaceutical companies charging excessive prices in part due to their extraordinary clout and influence in the political process. May 2007 | ||||||||
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