/biz/ - Business & Finance

>>28954929
Not when the FDA prevents US consumers and insurers from buying proven-safe product from overseas

This would put upward pressure on European healthcare systems and downward pressure on ours until an equilibrium of sorts was found. The fact that Europeans get drugs that cost billions to develop from the US at-cost, have a much reduced demographic/immigration and obesity problem and these drugs still represent spending upwards of 10-20% of their healthcare allotments should raise alarm bells for how much Americans are getting abused by our "allies".

Despite getting medicine at-cost, often that which was developed with great effort and expense in the US, pharmaceuticals still account for as much as 5 to 25+% of healthcare spending in Europe; if Americans had free access to European markets it would put downward pressure on prices for Americans and upward pressure on prices for Europeans until an equilibrium was formed, but because the FDA won't even allow consumers in the US to purchase clinically-proven drugs from Canada we end up picking up the entire fucking world's tab.