Increasingly frustrated with the state of drug costs in the U.S., millions
of Americans have found refuge in ordering necessary prescription medications
online from Canadian or other international pharmacies for roughly a tenth the cost
of those at their local Walgreens, CVS, or other pharmacy.
I’m proud to share that PharmacyChecker has published a white paper that
examines prices and availability of newly approved generic drugs. Our report,
based on 40 generic medications that were approved from 2017-2018, clearly
shows that generic drug approvals often don’t lead to greater affordability or
even access here in the U.S. We were inspired to examine pricing in addition to
availability after seeing availability research conducted by Kaiser Health News (KHN).
The KHN article concluded that the lack to generic availability in the U.S. “means
thousands or even millions of patients have no option beyond buying branded
drugs that can cost thousands of dollars per month.” As an option for those who
cannot afford that, PharmacyChecker found that 25% of the generic medications
were available online, internationally through pharmacies that are accredited
in the PharmacyChecker Verification Program.
Out of 40 generic medications that
were approved from 2017 to 2018, PharmacyChecker research found the following:
It’s no secret Americans are struggling to afford their medications. A quick skim of crowdfunding websites, such as GoFundMe.com and Fundly.com, sets the grim scene of rising prescription drug costs in the United States. As a result, many Americans are ordering from online pharmacies located in other countries that offer the price relief folks can rarely swing here at home without the aid of insurance or strategic use of discount coupons.
A 2019 survey conducted by the Campaign for Personal Prescription Importation shows that cost is the top reason more and more Americans are ordering their prescriptions from online pharmacies in Canada. 94% of Americans cite high drug prices in the U.S. as reason for ordering from abroad.