Why should the Government Impose price controls on prescription drugs?

Question

For a debate

Answer 1

Because the pharmaceutical companies have proven they will exploit the sick and ill for a profit.... just not humane.

What does it tell you that the 2nd richest man in the USA, Warren Buffet, gained the majority of his wealth owning insurance companies... drug companies are similar.

Answer 2

They shouldn't. Logically, no one has a RIGHT to medicine. The market prices medicine and any other products to pay for research, distribution, marketing, et cetera. the fallacy where the government is concerned is that why they can control the price, they can not control costs. So when the market says that there is no way that a product can be made at the price the government wants, the product disappears from the market.

Case in point: Flu vaccine. Hilary Clinton pushed through price controls in the early 90s. Before she pushed it through, there was nearly a dozen flu vaccine makers in the US. Today, there are none.

Businesses go overseas daily because the business environment here becomes so riddled with bureaucratic interference that they have no choice. Businesses exist to make a profit, period. Any inferred obligation a business has to the community or to supply products for free is ridiculous.

Aside from all that, the very idea of government price controls are un American. You can denigrate corporate America all you want, but we'd all be better off if we thanked them once in a while.

Answer 3

So that the pill making ceo's can quit building new condos in the Bahamas and Hawaii. So that the big ceo's can no longer reap personal wealth beyond reason off of the poor and elderly, so that people like myself can afford my meds, my housing and food, so that the poor elderly won't have to choose between eating and staying alive a little longer, and so that I can quit going to Canada every 3 months and buying my meds ( The Same Prescriptions ) for 75% cheaper than here in the USA. If I can buy my Feloipine at .75 per pill in Canada, why can't I buy it here at the same price??? I'll tell you why, because the drug makers have a US monopoly on our meds here.

Answer 4

The government has the duty to regulate the prices of prescription drugs so that the people will be protected for impulsive rise of medicines. It is a valid exercise of police power of the state.

Answer 5

They are ripping people off. 80% of the population over 50 are told to be on either high blood pressure medicine or chloresterol medicine. That is BS. They are only out for the money, Get a holistic practioner. You will live longer. educate yourself: America, Freedom to Facism, then check out Dr. Mercola.com, Learn to think for yourself.

Answer 6

because as you know medication is getting expensive, older people may not have enough money to survive. plus there health insurance won't cover that. also some medications have no one to compete with so if a person needs that medication to live they might be paying hundreds a month. Which is unfare. also methadone - a legal heroin type substance, if sold expensive would cause methadone users to go into the black market.

Answer 7

Absolutely! When I lived in Spain, I had some problems with my asthma. I bought a ventolin inhaler for less then it would have cost for my co-pay on the generic. Love the subsidies!

Answer 8

I see someone, has not had the Pleasure of paying out of there pocket. Because if you have you would see just how Ridiculous, some of these Prices are.