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Americans pay triple for prescriptions while Big Pharma reaps profits

A consumer advocacy group sounded the alarm that Americans consistently paid the highest prices globally for the same treatments.

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As Congress reconvenes, the fight over prescription drug costs is once again front and center. The Pharmaceutical Reform Alliance, a consumer advocacy group dedicated to lowering medication costs, is sounding the alarm that Americans are consistently paying the highest prices in the world for the same treatments available elsewhere at a fraction of the cost. The group argues that without serious reforms, families will continue to bear impossible financial burdens just to access lifesaving care.

The disparities are staggering. According to the Alliance, a cancer immunotherapy that costs $44,000 in Japan carries a $191,000 price tag in the United States—a markup of more than 330 percent. A breast cancer treatment sold for $117.84 in Germany is listed at $538.94 in America. Danish patients pay $787.10 per dose for arthritis and inflammatory treatments, while Americans are charged $2,436.02. GLP-1 drugs for diabetes and weight loss run $83 in France and $96 in Sweden, yet U.S. patients face bills of $936, nearly ten times higher.

For years, pharmaceutical companies have defended these gaps, often citing research and development costs, but the Pharmaceutical Reform Alliance says those arguments no longer hold up. The Alliance highlights that the very same companies making record profits abroad still manage to offer drastically lower prices to patients in Europe and Asia. In their view, Americans are being treated as the industry’s cash cow, subsidizing lower prices elsewhere.

The Alliance is pressing lawmakers to adopt commonsense reforms—such as allowing Medicare to negotiate drug prices, capping out-of-pocket expenses, and tying U.S. prices more closely to those charged in peer nations. A recent national survey backs up their position, finding that 85 percent of voters support lowering prescription drug prices to international levels.

The Pharmaceutical Reform Alliance says the issue is no longer just about economics, but about fairness and survival. With overwhelming public support and advocacy groups like theirs calling for urgent action, Congress faces renewed pressure to tackle the cost of prescription drugs and finally move toward policies that ensure affordable, lifesaving medications for all Americans.

The Alabama Political Reporter is a daily political news site devoted to Alabama politics. We provide accurate, reliable coverage of policy, elections and government.

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