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What has turned Clark into a renegade bargain hunter is the price of her medications. Like many other elderly people, she takes multiple prescription drugs for several conditions, including high blood pressure, elevated cholesterol and glaucoma. To make the money stretch, she joins other seniors in her state on overnight bus trips to St. Stephen, N.B., just across the border from Calais, Maine. On average, name-brand prescription drugs in Canada cost an estimated 40% less than they do in the U.S. On a trip last November, Clark did even better than that, buying a six-month supply of medications...

Author: /time Magazine | Title: Why Drugs Cost So Much / The Issues '04: Why We Pay So Much for Drugs | 2/2/2004 | See Source »

...what Clark and others are doing is technically illegal, since the U.S. forbids the import of prescription drugs by anyone other than the original U.S. manufacturer, and even then only when the drugs meet all the approval requirements of the U.S. Food and Drug Administration (FDA). The FDA contends it is looking out for consumer safety, but in fact a growing volume of prescription drugs sold in the U.S. is made overseas and brought in by domestic manufacturers. What's really being protected, critics say, is the pharmaceutical industry. It has a powerful partner in the FDA, which over...

Author: /time Magazine | Title: Why Drugs Cost So Much / The Issues '04: Why We Pay So Much for Drugs | 2/2/2004 | See Source »

While the passage of the new Medicare law was sold by supporters as a major step toward reducing the burden of drug costs on Americans, the controversy is boiling over again. In fact, the Medicare bill does comparatively little for Clark and millions of seniors like her who fall within an income and spending range that offers fewer benefits. Nor does it help the millions of working people not eligible for Medicare coverage. As health-care spending keeps rising, (9.3% in 2002, according to the trade journal Health Affairs, the largest increase in 11 years) and employers tighten their coverage...

Author: /time Magazine | Title: Why Drugs Cost So Much / The Issues '04: Why We Pay So Much for Drugs | 2/2/2004 | See Source »

Pfizer Inc., the world's largest pharmaceutical company, wants to shut down the Canadian pipeline used by the likes of Helen Clark and her fellow border crossers. Pfizer is aggressively seeking a pharmaceutical blacklist, warning Canadian pharmacies that if they sell drugs to Americans, Pfizer will halt supplies of all its products. The company ordered Canadian wholesale distributors to prepare reports itemizing past and present sales of its products by individual drugstores. Pfizer declined to comment to TIME. Four other companies--AstraZeneca, GlaxoSmithKline, Eli Lilly and Wyeth--have taken steps to reduce Canadian sales...

Author: /time Magazine | Title: Why Drugs Cost So Much / The Issues '04: Why We Pay So Much for Drugs | 2/2/2004 | See Source »

Shopping for a President In the post-Iowa shake-up, voters must choose from among Kerry's steadiness, Edwards' sunniness, Clark's uniform and Dean's heat. A little of each is good, but the Dems get only...

Author: /time Magazine | Title: Table of Contents: Feb. 2, 2004 | 2/2/2004 | See Source »

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