Question

US citizens are purchasing prescribed medications more and more from foreign pharmacies, such as Canada and Mexico, while insurance companies are creating Pharmacy Tourism Programs to assist their customers in obtaining medications from foreign pharmacies. Research this topic and discuss why there is motivation for this practice and the possible complications that could occur. Lastly, would you order prescription medication from a foreign pharmacy? Why or why not?

Answer 1

Us citizens are purchasing prescribed medications more from foreign pharmacies, because of the rising drug prices in US. And insurance companies are aiding customers by creating pharmacy tourism programs.  Prescription drugs treat conditions and improve patient health. But when drug prices are too high, access to medicine out of reach for far too many patients.

when the price of prescription drugs fits within a family’s budget, everyone is able to live and work at their healthiest. On the other hand, when people are unable to afford their medication, this negatively affects their health and their lives and exacts a heavy toll on society.

this crisis is fueled by high launch prices of new brand biologics an year-over-year price increases of brand drugs that. Face no competition in the market for many years due to abuses of the patent system. In 2016 we spent $10,300 per person in the United States on health care —30 percent larger than the next highest country. A recent report shows the average annual price of specialty drugs has tripled over the last ten years from nearly $18,000 to much than $52,000 .

Today with brand-name drugs now accounting for 77 percent of all spending on prescription drugs, patients are experiencing higher pharmacy cost, higher premiums and higher deductibles as result of high brand drug prices. Moreover, taxpayers are footing the bill as increased prescription drug spending drive up Medicare and medicaid spending. The increasing cost of brand drugs is unsustainable. And purchasing medications from a foreign pharmacy seems to be on of the best alternatives for now