As reported here a few moments ago, the drug importation amendments have been defeated. In related news...
CHICAGO TRIBUNE (12-11-09): The industry is so powerful in the halls of Congress and in its ability to buy advertising that its support was considered a key to passing a health care overhaul. That is why the White House earlier this year negotiated a controversial deal to limit the financial impact of the health bill on the drug industry in exchange for its support for the legislation.
The drug import amendment was not part of that negotiation, but it was widely believed that the industry would oppose the bill if it were included. Around the time of those negotiations,
the White House issued a statement saying that importation legislation would not be necessary if health overhaul legislation were enacted, because the overhaul would result in generally lower costs. And I tend to agree. :sarcasm: The Dorgan amendment would only have saved us 100 billion dollars or so in prices
NPR (12-14-2009):"
The Congressional Budget Office has estimated there could be more than $100 billion in savings to U.S. prescription drug buyers over the next decade — $20 billion of which would be for the federal government — if cheaper prescription drugs from abroad were allowed to compete in the U.S. market."
More on the White House position on drug importation.
: "Mr. Tauzin said the White House had tracked the negotiations throughout, assenting to decisions to move away from ideas like the government negotiation of prices or the importation of cheaper drugs from Canada. The $80 billion in savings would be over a 10-year period. “80 billion is the max, no more or less,” he said. “Adding other stuff changes the deal.”"