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There are two major reasons that drug manufacturers, which will probably be able to negotiate lower drug prices when entering the United States, are reluctant to set drug prices below what would otherwise be allowed by US laws. A first reason is that they would have to disclose their price Medicare, the government-run health insurance plan for the elderly. This is a major financial risk to drug companies. The has already created a financial incentive for companies to keep drug prices relatively low. Pharmaceutical Research and Manufacturers of America, or PhRMA, which represents the world's largest pharmaceutical companies, announced earlier this year that it planned to reduce the Metacam pferd online bestellen cost of new drugs for children and the elderly by 25 percent for the coming fiscal year through a combination of price cuts and faster introduction of new drugs. The company's President and Chief Operating Officer, John J. Castellano, said, "Pharma should be a free market and not operate according to a set of laws that we believe are outdated and unnecessarily restrict the innovation process."
PhRMA's plans to curb drug prices are being closely watched throughout the pharmaceutical industry, partly because group plans to use its influence ensure that drug prices are not significantly lowered in other countries.
PhRMA also fears that if drug companies were forced to reveal their prices Medicare and other health insurance plans throughout the United States, competitors abroad would try to compete with drugs by using tactics including lower prices or even not selling drugs at all. Prednisone 20mg $45.67 - $0.76 Per pill According to a December 2010 report from the Pew Research Center, "in many countries around the world, governments allow pharmaceuticalmakers to price products freely, while in the United States, all but a few countries have price controls."
The second reason why large drug manufacturers are resistant to revealing their drug prices the American public is that they would be forced to cut research and development costs. It is estimated that the average American family spent approximately $7,000 on prescription drugs in 2007, compared to only $3,800 in Australia and less than $1,900 in the United Kingdom. According to International Federation of Health Plans, the average price for private health insurance plans worldwide is approximately $5,600 annually.
The pharmaceutical companies that make most money in the United States are not ones with the best health care plans, as one of the reasons is fact that they pay substantially less for health care than their foreign counterparts. According to a 2007 study published in the Journal of American Medical Association titled "Hospitals, physicians and pharmaceuticals in Canada," prednisone for sale uk for which data was provided by the Centers for Medicare and Medicaid Services, Canadian hospitals pay an average of $4,300 for inpatient care, compared with $18,000 in the United States. According to Center for American Progress.
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