AARP
Foreign Price Controls Will Hurt Seniors
Washington politicians and bureaucrats on both sides of the aisle have recently proposed misguided policies that would impose foreign price controls on medicines in the U.S. These proposals would arbitrarily fix the cost of medications that American seniors rely on to prices set by bureaucrats in other countries with socialized health care systems. Throughout history and around the world, price controls have consistently had disastrous consequences. Especially for seniors, price controls will reduce access to…