As the media reports on the soaring costs of pharmaceutical drugs the average American citizen is becoming increasingly alarmed. ... The pharmaceutical giants contend that the additional funding is needed for several reasons but mainly for continuous research and development. ... These price ranges have been able to cover all aspects of healthcare up until recently, but during these past few years these budgets have been pushed over limits due to the drastic price increases of pharmaceutical drugs. ... “Seniors are 12% of the population but use 37% of prescription drugs” (The Cents and Nonsense of High Cost Prescription Drugs). ... Thus, senior citizens are the prime target for the rising prices of pharmaceutical drugs and are suffering the most. “Skyrocketing cost is a serious problem for a third of America’s elderly without prescription drug coverage…those who must choose between buying medicine or food, take their medications every other day to make their prescriptions last longer or just skip their medications all together” (The Cents and Nonsense of High Cost Prescription Drugs). ... The pharmaceutical companies argue that Medicare and other healthcare providers are wrong in the previous assumption. ... “Some elderly patients in states bordering on Canada or Mexico band together to charter a bus once a month and cross the border where they can buy their prescription drugs for less money” (The Cents and Nonsense of High Cost Prescription Drugs). ...
Research and development is the main argument on why our drugs cost so much money. “…[T]he Pharmaceutical Research and Manufacturers of America, [claim] that high U. ... As you can see, the pharmaceutical leaders suggest that if we were to lower prices, medical advances will come to halt. ... Drugs do cost a lot to research and develop, but is that all that is defining the price of pharmaceuticals? ... However, the major pharmaceutical companies maintain that price increases are due to research and development, but as you can see that this is not the case. ... In order to prevent the government from taking away from their profits, the pharmaceutical companies gave money to many political leaders. “[C]ontributions from the pharmaceutical industry to federal candidates boomed. ... In the 1992 cycle, drug industry contributions to Republicans and Democrats were nearly equal[, but] in the 1994 elections…the pharmaceutical industry shifted allegiance, and gave in excess of $1 million more to Republican candidates than to Democrats. ...
Large brand name pharmaceutical companies do not just spend their money to work on the research and development of drugs, the advertising of their drugs, or the lobbying of their drugs in congress, but they also lobby their cause at other places. ... Not only are the pharmaceutical companies keeping their prices high, they are trying to prevent any type of coverage that can help seniors afford the drugs necessary to prolong their life or making coping with an illness easier.
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