Budget Saving Practices in Some Major Cities
Major cities are reviewing their budgets and are sometimes going to Canada for their employee prescription medications. Springfield, Mass is an example. As of 2003, the city launched an voluntary program that allows city employees and retirees to purchase maintenance medications from Canadian suppliers. And as a result have saved millions in their fiscal budget each year. Because the Canadian government mandates price controls on medications and limits the prices that Canadian pharmacies can charge, drugs sold in Canada often cost substantially less than the identical medicine sold in the U.S. Most governments of nearly all industrialized nations except the U.S have the same practice of price control.
By some reports, one-third of American adults who use prescription drugs said they already buy or intend to buy drugs from online Canadian pharmacies. The reason is simple economics. According to the Congressional Budget Office, brand-name drugs on average cost from 35% to 55% less in other industrialized nations than they do in the U.S. But under the new Medicare prescription-drug benefit, the government is expressly FORBIDDEN from negotiating lower drug prices on the behalf of beneficiaries.
Most medications purchased from reputable Canadian or European pharmacies are the identical medications -- brand names as well as generics – to those available at your local drugstore. In addition, those medicines are more and more being outsourced to countries outside the US. According to reliable sources, there are more than 50 locations around the world where the pharmaceutical industry manufacture their products. Most drugs are made in one or two global locations and then exported to all the countries. It is in the consumer’s interest, then, to find a safe and reliable alternative to the purchase of their prescription medications.
Posted from WebMD