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yellowarchangel | 6 years ago

> instead of just regulating drug prices domestically

The current administration is very anti-regulation, so this would be a bad move. Also, allowing Canadian drugs to enter the country will force current producers to lower pricers, which will organically (capitalism) reduce the price through competition.

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ijpoijpoihpiuoh|6 years ago

You're missing the fact that one big reason the prices are so low in Canada is regulation.

https://www.healthaffairs.org/doi/full/10.1377/hlthaff.20.3....

What the administration is proposing is effectively to regulate drug prices, but outsource that work to Canada, since it's politically unpalatable to their base here in the US.

skybrian|6 years ago

Sounds good to me. Second-best, but that's true of a lot of things.

They should do the same for Europe.

ddingus|6 years ago

I will take it as a first step.