The proposal is dangerous really. While people could still go to the doctor to know what drugs they need, there would some that didn't and ended up taking a drug they shouldn't or mixing drugs unwisely causing themselves great bodily harm. Then of course, some drugs could become less useful due to overuse that would put a strain on medical treatments and could very well lead to higher morality rates. It's a proposal that most people would reject out of hand as crazy, irresponsible, and just flat out unacceptable. I know that, but still, I support it because I think prescription drugs laws create a government sanctioned monopoly, limit choices of both providers and consumers, keep competition out of the drug industry, and ultimately increase costs for everyone. Like most things it's matter of what you find important and what you don't. For some they will find the risks to great and side with safety, while people like myself will side with freedom over safety.
As for people being S.O.L, I don't see how. People could still get their drugs from doctors and the government could still provide them assistance to pay for them.