Originally Posted by Bl@ck
the clinton health care reforms had a positive short term effect but over the long term they caused a shit storm of price gouging. about 3 years after the HC act in '94, several US based pharmaceutical companies stopped supplying to the US. because of the unrelistic strictures of the '94 HC act, pharmaceutical companies were faces with fiscally impossible restrictions. the result? their primary customer base became foreign countries and the US was cut to a trickle. this really effects the elderly more than anyone else but is a main contributor to the healthcare debacle we're in today.
bah. There are a lot of things that have caused this. I couldn't say it is the 1994 hc act.
I have this small theory that since the american pharm company's are in the pockets of the good old FDA that it's quite possibly they have a bit of a say on their competitions approval.