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Big pharmaceutical companies

Transcript: Not letting pharmaceutical companies be able to mostly make decisions by competing with competitors, rather than focusing on making a real different drug that actually works and does not hurt you more than help. This would make the manufactures only be able to bank off new drugs that they made that would really have a reasonable benefit to patients. Not being able to extent patents on drugs that are already on the shelves. Less advertising and commercials known as direct consumer advertising. (Only allowed in countries with higher income, New Zealand and U.S.) Making sure pointless extension of patents are not occurring. Not letting name brand drugs share any samples with generic manufacturers. Work Cited How could this be better controlled? Hard to access The creator of the EpiPen is the pharmaceutical company Mylan Medicare and Medicaid were overpaying for this drug because it was being wrongly classified as a generic drug. The EpiPen costs 1.3 billion dollars from 2011 to 2015 total A pack of 2 used to cost somewhere around $100, it has upped to more than $600 This would make since as to why they are under investigation by the federal government because of their jacked-up price, they have been told several times that their drug is wrongly classified. Geriatrics In 2015, around 25 % of almost 700 = (175 people) that where in a survey agreed with a family member didn’t fill a prescription because of the cost being so high. This causes health poor outcomes. Another survey of 107 patients that were prescribed name brand medicines, were less likely to stick to their treatment compared to patients that were talking an alternative generic form of medication. This is another cause of poor outcomes. Coupons for mostly brand name medicines from the manufacture sounds like a good idea for people that don’t have any other choice, so it could compensate for their own costs they pay themselves. This then creates the outcome of increasing health care costs too because it is making the insurer having to pay more for the drug in the end. 17 % of prescription drugs add to the total health care cost in the United States. Out of all prescription drugs distributed in the U.S. only 10 % are name brand drugs, but it is continuing to about 72% of all drug costs. Some patients have rare conditions and are only recommended to take the name brand medications and this can get expensive. Patients are having to pay higher copay for medications, and this makes it less accessible to people because of them not being able to afford it and the consequences on their health is more at risk. EpiPen EpiPen People must pay more money out of pocket and there is less insurance to go around. When Medicare was created, people bought medications less and they were cheaper back in 1965, elderly people could initially afford all their drugs for the most part. Elderly people have more prescriptions than young people, for chronic illnesses and diabetes. People that can’t access enough medicine that they need, string out the drug to make it last even if this meaning not taking it as much as it is prescribed, as well as, sharing with someone else that needs it and can’t afford it. Sometimes people will go to the doctor and never fill their prescription because they can’t afford it. At this point doctors maybe assume that the medicine did not work and prescribe other ones. Cost of prescription drugs add to health care costs. The manufactures of name brand drugs must give a discount to the government of around 23 percent of the average price. The manufactures of generic drugs must give only around 13 percent of the average price. Brand name drug manufactures pay more in discounts than generic drug manufactures do especially if their drug prices rise, the more they pay. It seems like Mylan is paying less to the government and cheating the system. Better policies and laws could intentionally help drug expenses. No more “product hoping” meaning, If patients are taking a medication around the time of when it is soon to be discontinued, then the patient is switched to a prolonged release of that product instead of getting any say in switching to a generic alternative of that drug and this increases Medicare spending. In 2013, A lawsuit of the New York attorney general helped stopped Medicare from having to spend an appraisal about 6 million dollars on this issue. Pharmaceutical Industry contributes to health care cost Angell, M. (2004). The Truth About Drug Companies. The New York Review of Books, 51(12). Retrieved from http://www.nybooks.com/issues/2004/07/15/ Bourg, J. (Photographer). (2016, October 7th). The EpiPens designed by Mylan[Online image]. Retrieved from http://www.nytimes.com Kesselhelm, A. S., M.D, JD, MPH; & Avom, J. MD. & Sarpatwarl, JD, PhD. (2016). The High Cost of Prescription Drugs in the United States Origins and Prospects for Reform. JAMA. Special communication, 316(8), pp. 858-971. doi:10.1001/jama.2016.11237 Parker-Pope, T. & Peachman,

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