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Originally Posted by Robbie
That sounds nice. A great excuse to price gouge Americans like they always have.
A "fair market price" is what the market will bear. But since the United States Federal Govt. makes SURE that it's very difficult for the average person to buy their prescriptions in other countries...that kind of changes things doesn't it?
There is a reason that "medical tourism" has gotten so big.
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Robbie, it gets worse.
Prescription drug prices are less for some in the two tiered healthcare system in the USA, Medicaid/Medicare and private paid insurance
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Medicaid and Medicare receive discounts in the form of rebates, which are paid by drug manufacturers when their products are dispensed to people enrolled in the programs.
The inspector general, Daniel R. Levinson, found that rebates reduced spending on 100 widely used brand name drugs by 19 percent in Medicare and by 45 percent in Medicaid.
http://www.nytimes.com/2011/08/16/us/16drug.html?_r=0
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So there is nationalized healthcare (for some) in the USA -- Medicaid/Medicare.
Guess who gets the bill?