Drug Price Gouging: What It Is and How To Fight Back

Price Gouging Drug Price Gouging: What It Is and How To Fight Back

Drug Price Gouging: What It Is and How To Fight Back

Did you know: more than 66% of adult Americans rely on prescription drugs?

Amid the global pandemic and other ailments, you already have your worry basket full without worrying about illegal drug price gouging.

Sadly, greedy drug manufacturers and vendors have made it harder to afford life-saving drugs, even during emergencies and disasters. A Kaiser Family Foundation poll revealed 77% of Americans couldn't afford medicine due to illegal drug price gouging.

Gone are the days when these merchants were untouchable. With DoNotPay, you can file a complaint against them for price gouging. You won't have to pay more than you have to for your drugs.

What Qualifies As Price Gouging?

Price gouging is an unethical practice where manufacturers and merchants hike the price of necessities to unaffordable or unfair levels.

In most cases, big pharma gouging is preceded by various states of emergencies or disasters. These events cause a fluctuation in the forces of demand and supply.

For instance, it may be costly or challenging to transport drugs in areas hard-hit by a disaster, or a state of emergency reducing the supply of the drug, hence in increased prices. Alternatively, mandatory quarantine might increase the demand for vital drugs, resulting in high prices. Worse still, merchants on eBay and Amazon hiked up prices of household commodities in the wake of the pandemic.

How Do You Spot Drug Price Gouging?

As the consumer, you are in the optimal position to spot an illegal drug price gouging a mile away.

Whether you buy your drugs online, at the local drug store, or clinic, you can track the usual drug prices. Any changes to these prices should raise an eyebrow.

The following are some signs of price gouging:

  1. Noteworthy high prices - while merchants are allowed to set or increase prices of essential supplies even during emergencies and disasters, a 20% or higher increase in the prices is considered gouging in most states.
  2. Disparate prices between similar products - some states prohibit a sharp difference or increase in supplies between similar drugs. For instance, glyburide shouldn't cost twice as much as glimepiride.
  3. Aggressive selling tactics - merchants might use messages such as 'in high demand, 'limited time offer ', or ' fast moving' to lure you into buying drugs at exorbitant prices and making you spend more than you should.
  4. Inflated shipping - you might spot eBay, and Amazon merchants set a low cost for a product. Nevertheless, the final cost reaches a considerable amount due to high shipping costs.

What Goods and Services Can Be Protected From Price Gouging?

Price gouging laws vary by state. However, the majority of products most these state laws protect from price gouging include:

  • Human and animal consumables, such as water, ice, and food
  • Drugs and medical supplies such as bandages, medical gauze, surgical masks, isopropyl alcohol, and antibacterial products
  • Sanitary products such as hand sanitizers, sanitary pads, baby diapers, and toiletries
  • Power products such as batteries, generators, flashlights
  • Fertilizers
  • Homebuilding and repair products
  • Motor fuels
  • Tree removal services
  • Lodging services
  • Emergency supplies such as batteries, radios, communication gadgets, and candles
  • Transportation services

What Should You Do If A Drug Merchant Is Price Gouging?

When you suspect a merchant is illegally price gouging drugs or any other products, you should file a complaint with your state attorney general's office.

Even though not all states have laws to prevent pharmaceutical price gouging, report the issue as an upstanding and patriotic citizen.

While the attorney general doesn't represent an individual, the office will enact the necessary mechanisms to seize the merchant.

When making the complaint, ensure you have the following info:

  1. The merchant and their address
  2. The specific drugs and details, including type, brand, prices, and if possible, photographs
  3. The specific date and time of your purchase

Making these claims can be challenging and painstaking, especially if you have no idea what the law entails regarding price gouging in your state. That's why it's best to use DoNotPay as the best and most experienced law partner to sue unscrupulous drug merchants.

When you do, there's a better chance to sue the merchant or start a class action. Depending on your state, you may be entitled to a refund for the purchase and restitution.

How To Protect Against Price Gouging Using DoNotPay:

If you want to protect against or stop FDA and medication price gouging but don't know where to start, DoNotPay has you covered in 5 easy steps:

  1. Open the Price Gouging Protection product on DoNotPay.
  2. Generate a fake credit card to use with the merchant.
  3. Complete the transaction with the fake credit card.
  4. Save a photo of the transaction as evidence and start the demand letter process.
  5. Answer a few questions through our chatbot about the merchant and transaction.

Why Use DoNotPay To Stop Illegal Drug Price Gouging?

Suing drug merchants is no easy feat, more so if you lack law expertise. Lucky for you, DoNotPay has all the expertise you need to stop big pharma price gouging. You also contribute to getting a greedy merchant off the markets and protecting other consumers

When you do, you will benefit from:

FastYou don’t have to spend hours going to and from the attorney general’s office. We’ll conduct most procedures online.
EasyYou don’t have to sift through tedious forms or keep track of all the steps to file a complaint about price gouging.  We also ensure secure processes and that your data are safe with us.
SuccessfulOur extensive law expertise gives you the highest chances of success.

What Else Can DoNotPay Do?

With DoNotPay, you have the ability and power to tackle challenges other than suing illegal drug price gouging.

Other functionalities include:

Don't Spend More Than You Have To!

Drugs are essential for your daily health. No merchant should sell you drugs or any other product more than the legal prices. The process of reporting and suing illegal price gouging can be challenging for anyone, but not DoNotPay. We have the necessary know-how to launch a class action against such greedy drug merchants on your behalf.

Want your issue solved now?