$ 1, 000 Per Pill Sovaldi Case Analysis

Improved Essays
If you have been to the doctor lately, I am sure you have noticed the rising costs for prescription medications. Did you know the costs are determined by the very companies that produce them? There are no limitations on what they are allowed to charge for any medications they produce. If you find yourself in need for certain drugs, be prepared for the biggest sticker shock you will probably ever encounter. This has prompted insurance companies and doctors to call foul on the major pharmaceutical companies. The catalyst for this fight is Gilead’s $1,000-per-pill Sovaldi, which is used to treat hepatitis C. A patient required to take one pill a day for 24 weeks would have to pay
$168,000. (Al-Faruque, 2014) I would not be willing to pay such a huge amount to treat
…show more content…
“If you are making $3 billion a year on Gleevec, could you get by with
$2 billion?” Dr. Druker, who is now director of the Knight Cancer Institute at Oregon
Health and Science University, said in an interview. “When do you cross the line from essential profits to profiteering?” (Pollack, 2013) Why try to extend the life of a patient if they can’t afford to live? Many doctors are now asking this same question, and seeking alternatives for their patients.
Why aren’t more alternatives available? One answer is you can’t put a patent on nature. There are natural medications that have similar effects as the prescription medications on the market. Many doctors will not disclose that fact because they are programmed to push the pharmaceuticals, and often times receive kick-backs from the drug manufacturers for prescribing their drugs. Everyone involved benefits financially from the drug makers, except the patients. Where do we draw the line, and can we? The insurance companies have started the fight and doctors are pushing for lower costs. As a society, we can stand up to the big Pharmaceuticals and demand prices that patients can actually afford. The question is how much is too much before we

Related Documents

  • Improved Essays

    There has come a time in the United States and other well-developed countries that large corporations have much more control than the general public would care to admit. This is particularly true with the greatest industry in the United States, the pharmaceutical industry. Affectionately known as “Big Pharma”, they have their influence in just about every aspect of healthcare; from the conducting of clinical trials, creating new drugs, the publication of medical journals, funding research, paying physicians commissions, and far beyond. Physicians nationwide read prestigious medical journals, such as New England Journal of medicine and believe they are fact. Unfortunately, the monopoly of Big Pharma has far too much control over how physicians…

    • 1253 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    The Pharmaceutical industry is a $300 billion dollar business which receives a lot of scrutiny in regards to their purpose, side effects, and lucrative schemes (Prescription Drug).The effects of the prescription drugs can be deadly if not used properly. Prescription drugs are responsible for more deaths annually than illegal drugs (Mercola). Ironically, the thing that is supposed to help individuals with their health concerns is actually killing them instead. This is the result of patients receiving prescriptions with the doctor’s expertise. On the other hand, if individuals were permitted to receive medication upon request, regardless of their symptoms or lack thereof, then the consequences would be dire.…

    • 555 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    In conclusion, profit is the number one concern for these drug companies as proved by using Kant’s second categorical imperative. The large pharmaceutical companies spend money to market their expensive drugs that they want consumers to purchase. They decide which medications will be marked directly to you. If direct-to-consumer advertising was illegal, the money saved on advertising costs might lower the costs for drugs. This current practice uses patients as a means to reach the company’s end, which is profit.…

    • 273 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    Ethical Ethics Of Epipen

    • 1698 Words
    • 7 Pages

    The United States drug regulations are a joke. The only developed country I 've heard about that allows monopolies in the pharmaceutical world. Literally allowing them to set their own prices on drugs that have the capability to save one 's life. Recently, I did some research on EpiPens and their outrageous price hike. Knocking on the door on what we may think is unethical and inappropriate.…

    • 1698 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Drug Pushing Case Study

    • 731 Words
    • 3 Pages

    Drug Pushing: a Prescription Proposal from a Pharmaceutical Valencia Cave, Holly Costanzo, Sean McCart, Josh Mosholder Towson University Michael Kim is a pediatrician at a practice outside of Baltimore. Walking into his office one day, he sees a brand new golf clubs set against his desk. He remembered getting an email earlier that week from Apativ, a large pharmaceutical company. It was about a new drug, Paxaflora, which helps children with congestive heart failure. If given the drug, it would lower blood pressure, decreasing the heart’s workload.…

    • 731 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    There are so many aspects to the healthcare field that affect the “Iron Triangle”. It is up to us as healthcare manager to know healthcare in and out so we can implement and decide what direction we need to direct our staff everyday.. We need to understand the impact modern medicine has, why healthcare cost is rising, what major issues we are facing, understanding Medicaid and Medicare and the current state of national health policy. If we were to change one thing it would have to be that there would be a cap on how things are charged so that people were not overcharged for something just because the doctor can. This would help the health care system so much in having a budget to plan for national epidemics.…

    • 1350 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    The United States have spent far more money on the health care than any other countries. At 17.1% of their gross domestic product on health care, the United States devoted at least 50 percent more of its economy to health care than do other countries (Squires &Anderson, 2015). Even with so much spending on healthcare, people in the United States are still unable to afford the health care prices, particularly the need for prescription drugs. It is difficult for consumers who have already spent money on health coverage, and with high drug cost due to pharmaceuticals’ regulation on price increased the burden for patients to afford the drugs that they need. Drugs are created and manufactured by the pharmaceutical companies where they have the authority…

    • 1525 Words
    • 7 Pages
    Improved Essays
  • Decent Essays

    Among the four panelists, Darian Leader had impressed me the most not only because of his viewpoints but the logic of his arguments. First of all, he pointed out that a hundred years ago in the medical journals, the references indicated that people who were depressed or anxious would take prescription, but those disorders would never be framed as symptoms or phenomena. However, that situation has changed radically recently. Those symptoms or phenomena have become equated with disorders, and were defined as some illnesses. In the past 30 years, the diagnosis categories have been increased from about one hundred to 350~400.…

    • 337 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The Patient Protection and Affordable Care Act has been very effective in many ways through the past year. The percentage of uninsured people has reduced significantly. Insurance became affordable for many, but not for all. It has also improved the health of many, including youth. The law has also helped the health care industry by providing new paying patients and insurance customers.…

    • 502 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    the rising cost of health care has been threatening the US economy for many years. IT has been rising over twice the general rate of inflation. At some point in everyones life they may need health care or medical attention and with the help of health care, many people have the opportunity to get the help they need. US has spent 17.9 percent on nations healthcare in 2010, and over 50 million people are uninsured. creating a single paper system and the government negotiating to make medication or other drugs lower prices to help those in need.…

    • 276 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    A drug named Daraprim price was raised by 5000%, from $13.50 to $750 per pill. Many cases similar to Daraprim have happened, and a pattern of massive price increase of many life saving drugs by pharmaceutical companies becomes apparent. Expensive drugs had forced patients to make difficult choices, either to cut down basic needs to save money to buy the needed drugs, or to cut down the use of the drugs itself. Americans start blaming drug companies of price gouging and call for drug prices regulation by government. Drug companies, on the other hand, blame health insurance companies for shifting the cost of purchasing drugs to patients.…

    • 1043 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Disease Mongering Essay

    • 1290 Words
    • 6 Pages

    Moynihan, Heath and Henry argue that the pharmaceutical industry capitalises on the want of consumers to eliminate undesirable conditions. They claim that pharmaceutical companies partake in “disease mongering”: that is, they fabricate new diseases by “widening the boundaries of treatable illness”. Critics such as Healy and Dossey agree with this claim. However, I will argue that, although not unfounded, the claim that pharmaceutical companies are guilty of disease mongering is not justified. I will argue that the definition of disease presented by Moynihan, Heath and Henry does not conform to the accepted definition of disease.…

    • 1290 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    In effect, Americans can pay up to 50 percent more than other countries for identical drugs. a. If Americans were charged at the same prices as in other countries, about $94 billion would be saved every year. (Mercola) Transition: Now that we have talked about the problems, let’s turn to the benefits of adopting a universal health care system.…

    • 674 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Americans use more prescription drugs than any other developed country. Prescription drugs only represent 12 percent of total health care costs in the United States, but the rising prices of those drugs is an issue that keeps reoccurring not only for patients, but for prescribers, payers, and policy makers. There are people that believe that the rise in price of these drugs is appropriate, but if they keep on rising in price, the United States will start suffering not only financially but medically. Despite a lot of other aspects of the economy rising in price, pharmaceutical drugs should be lowered, or should at least be kept at a reasonable rate. The rise in prices of prescription drugs is an issue that does not seem to be going away…

    • 2472 Words
    • 10 Pages
    Superior Essays
  • Improved Essays

    Healthcare Expensive Essay

    • 1122 Words
    • 5 Pages

    Why is Health Care Expensive? Today’s world revolves around money, whether it be for food, clothing, or bills. Hospital visits involve an extreme amount of money and appears to increase each day. People visit hospitals for illness, check-ups, broken bones, etc.…

    • 1122 Words
    • 5 Pages
    Improved Essays