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Topic:

Should U.S. Imports of Prescription Drugs from Canada be Widened

Essay Instructions:

Should U.S. Imports of Prescription Drugs from Canada be Widened Chapter 7
Your assignment is to identify one major issue in the case study, provide background for it, analyze it, and reach a conclusion. Your written work should follow the outline: BACKGROUND, ISSUE, ANALYSIS, and CONCLUSION. You should use these words as headings for your writing. Your work should be typed and double-spaced in Times New Roman 12 font. About two typewritten pages will be sufficient for this assignment.
BACKGROUND: The background should establish a context for the issue. It presents the situation out of which the issue arose. It should provide enough information about the situation so that the reader can understand the issue.
ISSUE: The issue should be presented as a question that can be answered YES or NO. For example, your question could be: Should this company continue to invest in emerging markets? That is a productive question since it leads to an analysis. An unproductive question could be: How did this company expand in emerging markets? That question leads only to a description of what the company did and may not force any critical thinking. So always frame your question so that it can be answered YES or NO, keep the question simple, and do not ask multiple questions since that will complicate your analysis.
ANALYSIS: Your analysis should examine both sides of the question. You should present at least three arguments on each side of your question, YES and NO, and your arguments should be supported by facts from the case and/or information from the reading assignment. In your analysis you should also apply at least one concept from the reading assignment.
CONCLUSION: Your conclusion should answer your question, YES or NO. You should evaluate the arguments you presented in your analysis and make a decision based on the weight of the evidence. In your conclusion you should summarize the arguments that support your decision. Please note that there is no right or wrong answer. Whatever you decide is valid as long as your conclusion is supported by your analysis.
Be sure to cover each component of this process adequately

Essay Sample Content Preview:

Should U.S. imports of prescription drugs from Canada be widened?
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SHOULD U.S. IMPORTS OF PRESCRIPTION DRUGS FROM CANADA BE WIDENED?
Introduction
Over the past few years, the United States has been experiencing a drug shortage, resulting in legislation like the Affordable and Safe Prescription Drug Importation Act. This legislation allowed pharmacies and American wholesalers to import prescription drugs from licensed Canadian sellers. During the last 50 years, life expectancy in the United States has increased by 9.1years for males and 6.8 years for females. Despite this, there is a growing concern about this gap due to the high medical costs, especially pharmaceuticals. It is important to note that the per capita spending on health care and pharmaceuticals in the U.S is the highest globally. Moreover, the cost of prescription drugs has been increasing more than income. Notably, a quarter of Americans between 18 and 64 have challenges paying their medical bills, and others are unwilling to file their prescriptions due to insufficient funds. Due to these reasons, the import of prescription drugs from Canada to the United States should be widened.
A quarter of the population in the United States cannot afford to pay their medical bills or fill their prescriptions. Although most pharmaceuticals in the United States have a record of upholding justifiable prices for prescription drugs, there were various incidents in 2015 where there was a risk of excessive price increases for essential drugs. The prices of some drugs like Daraprim tripled from $13.50 to $ 750, yet in nations like the United Kingdom, it was sold at $1.50 (Daniels, Radebaugh & Sullivan (2013). As a result, most patients could not afford it, yet it was illegal to import it. Due to these facts, the import of prescribed drugs from Canada should be widened.
The cost of drugs in the United States is relatively high and thus makes it hard for older people to afford drugs in their country. Daniels, Radebaugh & Sullivan (2013) note that these increased costs do not mean that the U.S does not im...
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