A letter to the editor is presented in response to an article about a report from the Organisation for Economic Co-ordination and Development that the world's rich nations have doubled their use of a...
Some increased prices, such as those for specialty and generic drugs, seem to be driven by the entry of new medications into the market, the researchers found. Otherwise, price increases don't necessarily reflect improvement or even change. In 2014, the list price for a Sanofi brand of insul...
Drug prices have soared:America spent $334bn on prescription drugs in 2017, up 41 per cent from 10 years ago, according to National Health Expenditure data. The opaque US health system makes it hard to draw drug-by-drug comparisons with prices abroad. But the OECD estimates that the US sp...
Insurers, meanwhile, have to play catch-up by increasing premiums, which just about every major insurer in Massachusetts has done in recent years. For instance: From 2020 to 2022, Blue Cross Blue Shield of Massachusetts — by far the biggest player in the state market — increased the monthly...
Reason 6: Americans pay far more for prescription drugs than people in other wealthy nations There are no price limits on prescription drugs, and Americans pay more for these life-saving medications than residents of other wealthy nations. U.S prescription drug prices run more than 2.5 times...
prices of prescription drugs, driven by factors such as limited competition and pharmaceutical industry practices, place immense financial pressure on both insurers and patients. Poor lifestyle choices and the prevalence of chronic conditions, exacerbated by an aging population, lead to increas...
1. Health Care Workers Have More Obesity Than Other Occupations Every day healthcare workers watch patients experience the pain and suffering that results from poor lifestyle behaviors and unhealthy living. Hospital wellness programs should be implemented in every healthcare setting because healthcare wo...
Other tips they suggest include starting the process to request a refill as soon as possible, typically around three-and-a-half weeks after the last prescription was filled. "Perseverance, flexibility, and creativity are key to success in dealing with the ongoing shortage of various ADHD stimulant...
Consumption is being underpinned by a resilient labor market as well as a rise in household net worth, thanks to a stock market boom and higher house prices. Personal income increased $221.3 billion last quarter, with wages accounting for the rise. That followed a $315.7 billion gain in the...
“Specifically on prescription drug costs, those prices have continued to skyrocket. We have access to prescription drugs as part of the essential health benefits. But that does not mean drug makers get a blank check to charge whatever they want,” Krusing added. ...