A prescription for affordable medications

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U.S SENATOR GUEST COLUMN

The ability to shop around for the lowest price is one of the cornerstones of the free market. Whether you’re making a big purchase such as a new car, or restocking everyday items such as paper towels, you can compare prices across various brands and retailers and decide where to take your business. That’s how consumers make informed decisions, and why companies keep their prices low.

But when it comes to prescription medication – that type of competition and price transparency doesn’t exist. As a result, patients are often blindsided by the cost of their prescriptions when they’re standing at the pharmacy window.

One Texan named Sharon told me that her son has been dealing with severe depression. He was given a sample of an antidepressant by his doctor, and they were encouraged by the drug’s effect. But their hope quickly diminished once they learned that a one-month supply of the drug costs nearly $400.

 

 

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