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Life Extension Magazine

LE Magazine July 2000

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What YOU Can Do...

A bill has been introduced to the House of Representatives that could put an end to the extortionist pricing power the FDA has bestowed to the drug companies. Congressman Gil Gutknecht of Minnesota has proposed a simple way to lower prescription drug prices without new taxes or more government controls. His bill (HR 3240) would allow U.S. citizens to import into the United States FDA-approved drugs manufactured in FDA-approved facilities in other countries. If HR 3240 is enacted into law, the cost of prescription drugs would plummet, and the drug monopoly would suffer a serious setback.

HR 3240 simply prevents the FDA from blocking the import of FDA-approved drugs made in FDA-approved facilities in other countries. Because the bill does not require the government to spend any money and because the availability of prescription drugs at lower prices will be very popular, we think the bill has a decent chance of passing in Congress. As of February 15, 2000, HR 3240 had ten co-sponsors in the House of Representatives.

The Medicine Equity and Drugs Safety Act of 2000 (S 2520) is a companion Senate bill that also addresses drug pricing. It would empower pharmacists and wholesalers to purchase FDA-approved medicines in Canada and pass the discounts on to Americans.

We encourage you to contact your members of Congress and ask them to cosponsor HR 3240 or S 2520, which would help to end the corrupt FDA-protected drug monopoly that exists today.

The supplied form letters that follow can be copied and mailed or faxed to your Representative in Congress. To obtain the name of your Congressman and two Senators, call 1-202-224-3121.

Passage of this bill would drive a stake through the heart of the drug cartel that views aging Americans as economic serfs who should spend their life savings paying grossly inflated prices for the medicines they need to stay alive. The Life Extension Foundation has been battling this drug cartel for two decades, and there is now a realistic chance of forcing pharmaceutical companies to compete in a free market environment.


U.S. House of Representatives

Date:

To the Honorable _____________________
U.S. House of Representatives
Washington, D.C. 20515


I am writing you to express my support for the bill H.R. 3240 that was introduced on November 4, 1999, by Congressman Gil Gutknecht. H.R. 3240 has ten cosponsors and I am requesting that you also join as a cosponsor.

H.R. 3240 would allow Americans to import into the United States FDA-approved drugs manufactured at FDA-approved manufacturing facilities in other countries. This would enable me to drastically reduce the price I pay for my prescription drugs and will help to keep a lid on my medical insurance premiums.

Americans pay the highest prices in the world for drugs that are identical to those sold in Europe and Canada. On November 3, 1999, Families USA released a study showing that the cost of drugs for seniors went up four times faster than the inflation rate. If something is not done, the high cost of prescription drugs will bankrupt most senior citizens.

I don't want Medicare (meaning tax dollars) used to subsidize drug prices, nor do I want a new pack of bureaucrats mandating price controls of drugs. Instead, I want to see free market forces compete for my business, as this is the most efficient way I can gain access to better medicines at lower prices.

I therefore urge you to cosponsor H.R. 3240 so that Americans will be free to shop for FDA-approved drugs from FDA-approved manufacturers anywhere in the world. Passage of H.R. 3240 would go a long way to resolving the looming Medicare crisis, and it would provide an immediate cost savings to Americans on their prescription drugs purchases and health insurance premiums.

Kindly inform me if you are going to cosponsor H.R. 3240 so I can enthusiastically inform people I know in your district that you are taking aggressive steps to protect the ordinary citizen from the skyrocketing prices of prescription drugs.

Signed ____________________________
Name _____________________________
Address ___________________________



U.S. Senate

Date:

To the Honorable _____________________
U.S. Senate
Washington, D.C. 20515

I am writing you to express my support for the bill S 2520 that was introduced on May 9, 2000, by Senator James Jefford. S 2520 has ten cosponsors and I am requesting that you also join as a cosponsor.

S 2520 would allow Americans to import into the United States FDA-approved drugs manufactured at FDA-approved manufacturing facilities in other countries. This would enable me to drastically reduce the price I pay for my prescription drugs and will help to keep a lid on my medical insurance premiums.

Americans pay the highest prices in the world for drugs that are identical to those sold in Europe and Canada. On November 3, 1999, Families USA released a study showing that the cost of drugs for seniors went up four times faster than the inflation rate. If something is not done, the high cost of prescription drugs will bankrupt most senior citizens.

I don't want Medicare (meaning tax dollars) used to subsidize drug prices, nor do I want a new pack of bureaucrats mandating price controls of drugs. Instead, I want to see free market forces compete for my business, as this is the most efficient way I can gain access to better medicines at lower prices.

I therefore urge you to cosponsor S 2520 so that Americans will be free to shop for FDA-approved drugs from FDA-approved manufacturers anywhere in the world. Passage of S 2520 would go a long way to resolving the looming Medicare crisis, and it would provide an immediate cost savings to Americans on their prescription drugs purchases and health insurance premiums.

Kindly inform me if you are going to cosponsor S 2520 so I can enthusiastically inform people I know in your district that you are taking aggressive steps to protect the ordinary citizen from the skyrocketing prices of prescription drugs.

Signed ____________________________
Name _____________________________
Address ___________________________


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