>Another side of the pharmaceutical question is that certain drugs are only available through United States pharmaceutical companies and Canada receives a reduced rate for them. In some cases the discount is greater than 50% compared to what we pay for the same drugs.
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>Imagine if Medicare was allowed to negotiate the price of pharmaceutical drugs. That could reduce the cost for those who are retired and on a fixed income. There are those that thing such a thing is wrong. If you cannot afford medications your thoughts on this topic may be different.
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It depends what is the real meaning of the word 'negotiate'. If it means pointing a gun then, most likely, prices will go down in near-term, while next generation of drugs will be made in China.
Edward Pikman
Independent Consultant