Create a new Class of Meds
- Creating this class will indicate to the various industries and to the Country the clear intention to correct the outrageous prices of medications and price increases in the Healthcare services.
- Naming and identifying this class will establish a change in classification and identify the rules that cover this class and these items. RPhX stands for “RPh” is registered pharmacist and “X” for prescription.
- Freely importing medications by individuals and organizations from International sources will eliminate price protection provided to the pharmaceutical companies. This will level-down the prices to be similar to other countries and eliminate the price fix by pharmaceutical companies or any other organizations that dispense these prescriptions in US market.
- It also connects to other healthcare services, particularly pharmaceuticals to market forces influencing prices.
- Pharmacist added to the mix of those who prescribe these items and or extend the current prescriptions will help in reducing the amount of medication dispensed, and the frequent visits to physicians’ offices with high fees for obtaining these medications time and time again.
- No Healthcare Insurances involved will take “fix Co-Pay” out of the mix and the prices would be what the market cost plus profit is.
- Since these medications are the smallest strength of the RX medication, as the prices of the items greatly reduced, this will impact other prices to correct slightly.
- The price multipliers of other services based on the medication exaggerated prices will adjust downward as the new open market forces influence prices.