In 2022, U.S. prices across all drugs (brands and generics) were nearly 2.78 times as high as prices in the comparison countries. U.S. prices for brand drugs were at least 3.22 times as high as prices in the comparison countries, even after adjustments for estimated U.S. rebates.
The average gross manufacturer price for a standard unit of insulin in 2018 was more than ten times the price in a sample of 32 foreign countries:$98.70 in the U.S., compared with $8.81 in the 32 non-U.S. OECD countries for which we have prescription drug data.
U.S. prices were 229 percent of prices in Canada. Across all 33 comparison countries, U.S. prices ranged from 172 percent of prices in Mexico to 1,028 percent of prices in Turkey.
The way to defeat the rip-off of America... is for the HHS to set the price for any US brand name drugs as being no more than 150% of the average price of the same drug among 12 representative foreign countries (including Canada, Mexico, the UK, France, Germany, Japan, Turkey, Brazil, etc...).
If a drug exceeds 150% (to U.S. citizens) of it's average price elsewhere in the world... then that is price gouging. Product to be pulled from the market while price gouging is investigated.
So your Pharma bonus is in jeopardy and you are now hoping for 50% overcharge. No deal, I counter with US citizens pay 50% less than the lowest country cost since our prescription addicted country makes up 75% of revenue for the legalized drug cartels
In 2022, U.S. prices across all drugs (brands and generics) were nearly 2.78 times as high as prices in the comparison countries. U.S. prices for brand drugs were at least 3.22 times as high as prices in the comparison countries, even after adjustments for estimated U.S. rebates.
The average gross manufacturer price for a standard unit of insulin in 2018 was more than ten times the price in a sample of 32 foreign countries:$98.70 in the U.S., compared with $8.81 in the 32 non-U.S. OECD countries for which we have prescription drug data.
U.S. prices were 229 percent of prices in Canada. Across all 33 comparison countries, U.S. prices ranged from 172 percent of prices in Mexico to 1,028 percent of prices in Turkey.
International Price Comparisons Study
The way to defeat the rip-off of America... is for the HHS to set the price for any US brand name drugs as being no more than 150% of the average price of the same drug among 12 representative foreign countries (including Canada, Mexico, the UK, France, Germany, Japan, Turkey, Brazil, etc...).
If a drug exceeds 150% (to U.S. citizens) of it's average price elsewhere in the world... then that is price gouging. Product to be pulled from the market while price gouging is investigated.
I dont even want to pay that much more. If it's 10% higher than the average of all countries than burn the company to the ground
So your Pharma bonus is in jeopardy and you are now hoping for 50% overcharge. No deal, I counter with US citizens pay 50% less than the lowest country cost since our prescription addicted country makes up 75% of revenue for the legalized drug cartels