The Generic Drug Rip Off

The cost of prescription drugs is a significant factor in today's health care cost crisis, a problem that threatens to bankrupt consumers and this nation's medical system. Passage of common-sense legislation would quickly slash the cost of generic drugs so low that consumers could obtain them for less than what their co-pays currently are. Enormous amounts of money would be saved by public and private insurance programs, and ultimately consumers.

According to the Government Accountability Office (GAO), all federal revenue will be eaten up by government outlays for Medicare, Medicaid, Social Security, and public debt interest by 2025 -- just 16 years from now!

We as a nation can no longer afford to be bound by today's inefficient regulatory system that artificially inflates the cost of our prescription medications. The money is no longer there to support this bureaucratic morass.