If government management of health care raises prices, how come prescription drugs are so much less
expensive in Canada than in the United States?
Obviously the claim here is false;
government does not necessarily raise costs. Its buying power keeps drug costs low. It should be
implemented in the US also, before the poor die of high prices.
The Canadian and other governments
dictate maximum prices for drugs and the manufacturer then chooses whether or not to do business there. If
not, residents don't get his drug. He will do so, rationally, only if he can make some extra, marginal profit. However if such controls were imposed even in the US - the main market - he would be unable to
give his shareholders a competitive return and would go out of business, setting medicine back for decades.
American drug buyers are subsidizing
Canadian patients. That's immoral.
If government went out of business,
the cost of pharmaceutical drugs would tumble for the reasons shown in this Segment. The question is