Congressional Subcommittee Holds Hearing on Pet Medication Costs

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Pet owners know that the cost of medications for pets can be a huge burden.

The Commerce, Manufacturing and Trade subcommittee held a hearing in Washington to discuss the cost of pet medications.

And whether congress should work to pass legislation to mandate more affordable pet medication for owners.

Deputy Director of the FTC’s Office of Policy Planning Tara Koslov says the commission supports policies that would allow greater portability of prescriptions and education of consumers.

She says many consumers don’t know they can get their prescriptions somewhere other than the vet.

Plus, making generics more widely available could also make pet medications more affordable.

Some manufacturers and vets are concerned that these measures could cut into a vet’s profits forcing them to raise prices on care to make up the difference.

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