Discover Canada Drugstore Prices for Your Medication
Canadian drugstore prices can help you save 50-80% in some cases.
Type a medication and see how much you can save.
In recent years, the cost of prescription drugs in the United States has seen an exponential rise. Many Americans, especially those without insurance, find themselves burdened with out-of-pocket expenses that are increasingly unaffordable for their families. Consequently, a growing number of U.S. customers are actively seeking more cost-effective ways to access the essential medications they require. An increasing number of Americans have turned to licensed Canadian drugstores, like Medications Canada, in pursuit of more affordable Canadian drugstore prices. In a 2016 study, it was revealed that over 19 million U.S. adults have resorted to importing their medications from Canada or other countries to alleviate the financial strain.
Are online Canadian drugstores a solution to rising prescription costs?
You are here because you were searching online for the best prescription drug prices and a safe way to fulfill your online prescription.
Everyone is trying to save money, but you want to be safe and you want the facts! When it comes to prescription medicines here are some important and often requested published facts for most of our customers and site visitors.
According to the U.S. Bureau of Labor Statistics, prescription drug prices were 85.22% higher in 2018 versus 2000 – OfficialData.org
Prescription Drug Inflation Rate in 2018
Prescription drugs experienced an average inflation rate of 3.48% per year. This rate of change indicates significant inflation. In other words, prescription drugs costing $10 in the year 2000 would cost $18.52 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.09% during this same period, inflation for prescription drugs was higher.
Prescription Drug Price in 2000
Pricing changed by 4.41%, above the average yearly change for prescription drugs during the 2000-2018 time period. Compared to items in 2000 (3.38%), price inflation for prescription drugs was higher.
The prices of the 20 most commonly prescribed brand-name drugs for seniors have risen nearly 10 times more than the annual rate of inflation over the past five years, according to a congressional report released Monday.
“Can you imagine if you went to an auto dealership and last year’s exact model was being sold at a 20 percent mark-up, and then you went back the next year and it had happened again?”
said Sen. Claire McCaskill, D-Missouri, who released the report as part of a years-long investigation into escalating drug prices.
“That’s exactly what’s happening in the prescription drug industry, where the cost of identical drugs skyrockets year after year.”
The report examined the costs of the 20 most-prescribed drugs under the Medicare Part D program from 2012 to 2017. It found that the drug Nitrostat, used to relieve chest pain, had increased the most: a percentage change of 477%. Notably, half of the 20 brand medicines in this report are used to treat these chronic conditions, diabetes, high cholesterol, and chronic respiratory illnesses.
