Introduction Over the years, the EpiPen price increase has been a major concern among median income households and insurance companies. The price increase for EpiPens has resulted in a decrease in demand due to families taking drastic measures to compensate for the price surge. Since Mylan acquired the EpiPen in 2007, the cost to purchase the medicine has increase from $100 for a pack of two to $600 for the same amount (Ramsey, L. 2016). Epinephrine, the drug that is in the EpiPen, costs about $1 a dose.…
The ever increasing drug prices continue to hinder equitable health care. However, pharmaceutical companies continue to seemingly have unabated control over life-saving medication. This article will examine existing federal and state price gouging laws and determine its efficacy in preventing medication price hikes. From an objective stand point, this article will analyze the benefits and complications related to regulating drug prices on the market in order to make relevant propositions that would help alleviate overwhelming prescription drug…
After While Krokodil Krokodil is an opioid derivative of codeine. The drug was made to mirror the effects of a pharmaceutical drug, no longer in use, called desomorphine. Krokodile is a homemade version, that is much cheaper then heroin, and has horrible side effects due to the dangerous solvents used when cooking the drug. Krokodil is highly addictive, and is injected into the body. The sites of the injection will develop scale-like skin, and have infected ulcerations.…
The researchers created three scenarios for a universal public drug plan: best- and worst-case, and a “base” scenario, which is the expected outcome. They found that most prescriptions are already paid for by government, through tax revenues, with $9.7 billion spent directly on public drug plans and $2.4 billion spent on private drug plans for public-sector employees. Private-sector spending on private insurance plans currently accounts for $5.7 billion, and uninsured patients pay $4.5 billion out-of-pocket for prescriptions they fill.…
The medicine drug costs are really shooting up making it difficult for most of us to buy them without putting a burden on our pockets. However, if you really check out online there are still some reliable sources like the online pharmacy stores which are offering some discount prices on branded and generic drugs. For instance you can buy Modafinil online in discount price from this store saving a few dollars on your order. They also advice their customers to look out for generic version of the branded drugs that come in much cheaper prices but maintain the same quality as their branded version. Modafinil which also comes in different names like provigil, modapro, alertec etc is one and the same which is used to treat narcolepsy in patients…
There are many other options in terms of other products that perform the same relief, so to combat their lower prices they will have discounts for Nyquil, and sell multipacks where there are discounts to buy in bulk. Future demand for Nyquil will stay relatively the same, the only difference is that population is growing, so the need for medications are on the rise. The…
Health should not feature a cost. In today's commercial society, however, this appears to be the case far frequently. Definitely you have seen that living "green" and eating "healthy" seems to be far more pricey. For instance, you may get an oily unhealthy burger for just one dollar, on the other hand a salad will cost you somewhere around 5 or 6 dollars and up.…
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.…
The cost of prescription drugs in the United States is rising quickly, many Americans can no longer afford the basics that are necessary for some to live. The united states as a country spends more on health care than any other industrialized society, nearly $8,508, as of 2013, was spent. But many prescription drugs such as, Epi pens, are not covered by the average health care plan. Health Care plans are expensive and do not cover the cost of many drugs costing Americans several hundreds to thousands a year for prescription drugs. Canada offers nearly the same drugs for cheaper, but at what cost.…
In the mammalian central nervous system, epinephrine (EP) is important catecholamine neurotransmitters that present in which play important roles in concerning the nervous system and exhibit important physiological functions and pharmacological characteristics (Chin J Anal Chem, 2007). Epinephrine is derived from tyrosine, an amino acid. EP is sometimes mentioned to as a catecholamine as it contains the catechol moiety. This is a part of the molecule that contains the group C6H4(OH)2. Epinephrine is involved in the fight or flight response in humans in which it can occurs when a person is subject to a threat.…
The medication, epinephrine, is essential to temporarily seize the body’s reaction to allergens. The medication, epinephrine, is also known as an EpiPen. An allergist is the ideal health care worker, a person can consult to receive the medical prescription for epinephrine. The prescription supplies two pens filled with serviceable medication good for a year and one pen without effective medication. The pen lacking medication is issued so patients can familiarize themselves with how to properly inject the medication.…
According to American Diabetes Association® “The study, Economic Costs of Diabetes in the U.S. in 2012, was commissioned by the Association and addresses the increased financial burden; health resources used and lost productivity associated with diabetes in 2012. The study includes a detailed breakdown of costs along gender, racial and ethnic lines, and also includes a breakdown of costs on a state-by-state basis” the estimated cost for diagnosed diabetes in 2012 was $245 billion including $176 billion in direct medical costs and $69 billion in reduced productivity. Individuals with diagnosed diabetes cause normal medicinal consumptions of about $13,700 for every year, of which about $7,900 is credited to diabetes. Individuals with diagnosed…
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…
The price of an Epi-Pen is currently on the rise and they are not getting any cheaper anytime sooner. The purpose of an Epi-Pen is “to treat life-threatening allergic reactions with epinephrine (Rubin, 2016).” However, as of 2016 the prices of Epi-Pens are increasing tremendously since “since the drug company Mylan acquired EpiPen in 2007, its price has soared more than 400%, to just over US$600 (Rubain, 2016).” With that known,…
Soaring price of generic drugs: Depriving consumers from better healthcare Generic drugs prices are rising exponentially with every passing year. Generic drugs are regarded as a boon to mankind not only because they are comparable to their brand counterparts in terms of quality, safety and efficacy but also because they are affordable by all the people irrespective of their financial class. A survey revealed that generic drugs have saved US patient’s 1.3 trillion dollar in past decade. But with soaring price of generic drugs it’s getting difficult for consumers (especially lower class families) to meet their health care needs. Hence, it becomes very important to look into the reasons for the rise in price of generic drugs which is depriving…