Most countries around the world charge different prices for prescription drugs. However, you will get that some countries have drug prices that are very close together. The disparities in the prices of drugs are clearer when you compare America and Canada. In America the price of prescription drugs is significantly higher than that of Canada. This has caused so many people in the US to prefer Canadian pharmacies. Also some Americans have been known to sneak in prescription drugs from Canadian pharmacies.
Hence it is useful to learn why Canadian pharmacies will always charge low prices than their American counterparts. The good thing is that this topic is going to be looked at in more detail in this article. The first reason is that there is no regulatory body that has been established in the US to regulate the prices of prescription drugs. This means that American drug manufacturers charge any prices that they see fit for the drugs that they make.
If there was a regulatory body they would have stopped them from charging such high prices. Many people agree that the lack of a regulatory body is the chief cause of the problems. all the American pharmacies have to say on how much out-of-pocket money a patient should pay. A dire situation that has arisen from this is that only very few people can adhere to the doctor’s prescription. This is what makes people always have recurring sicknesses. Only the drug prices in Canadian pharmacies are regulated. Hence their drug prices will always remain lower than that of America.
The other thing is that in Canada, the drug prices will never get too high because they are regulated by the regulatory body. There are many online Canadian pharmacies. A lot of people in Canada use these online pharmacies. One of the things that make all the online Canadian pharmacies very good and attractive is that they all adhere to the set prices for the drugs that they sell. There is a certain organization that has conducted studies that have been able to clearly prove that purchasing drugs from online pharmacies in Canada is a very cheap and a good option. All you have to do is to make sure that you only go for the one that is not illegal. You must look at the license that the pharmacies have if you want to know their legal status. Medicare in America is unable to make its voice known when it comes to the drug prices being set because of an existing law that prohibits from doing so.