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HEHS-94-200R 1 (1994-08-12)

handle is hein.gao/gaobackqb0001 and id is 1 raw text is: GAOUnited States General Accounting Office Washington, D.C. 20548 Health, Education and Human Services Division B-226377 August 12, 1994 The Honorable Henry A. Waxman Chairman, Subcommittee on Health and the Environment Committee on Energy and Commerce House of Representatives Dear Mr. Chairman: As the debate over U.S. health care reform continues, prescription drug prices remain the subject of widespread concern. Although the rate of prescription drug price increases (as measured by the consumer price index for prescription drugs) has slowed since 1990, controversy over the high cost of drugs in the United States persists as consumers and policymakers look to other countries where pharmaceuticals may be sold more cheaply. In light of public and congressional interest in prescription drug pricing, you asked that we examine differences in prescription drug prices in the United States and abroad. In previous reports, we compared factory prices for frequently dispensed prescription drugs in the United States with the prices of the identical drugs sold in Canada or the United Kingdom. 1 For this letter, we reviewed existing studies of the level of drug prices in France. Several researchers have compared U. S. and French drug prices. Although the magnitude of reported differences varies widely, each of the studies we examined concluded that U.S. prices for prescription drugs were significantly higher than the prices for comparable drugs in France. iSee Prescription Drugs: Companies Typically Charge More in the United States Than in the United Kingdom (GAO/HEHS-94-29, Jan. 12, 1994), and Prescription Drugs: Companies Typically Charge More in the United States Than in Canada (GAO/HRD-92-110, Sept. 30, 1992). GAO/HEHS-94-200R Prescription Drug Prices in France

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