Access to health care is a human right, and that includes access to safe and affordable prescription drugs. It is time to enact prescription drug policies that work for everyone, not just the CEOs of the pharmaceutical industry.
Americans pay, by far, the highest prices for prescription drugs in the entire world. When we talk about health care, we are talking about the need of the American people to be able to afford the medicine their health care providers prescribe. A life-saving drug does no good if the people who need it cannot afford that drug.
Yet, last year, nearly one in five Americans between the ages of 19 and 64 – 35 million…
By stifling innovation, the Inflation Reduction Act will harm patients far more than it helps them.
The price negotiation program, established by Democrats as part of the Inflation Reduction Act, is projected to save the government tens of billions of dollars in the coming years.
U.S. prices for the world's 20 top-selling medicines are, on average, three times higher than in Britain, according to an analysis carried out for Reuters.
The finding underscores a transatlantic gulf between the price of treatments for a range of diseases and follows demands for lower drug costs in America from industry critics such as Democratic presidential candidate Hillary Clinton.
Americans pay the highest prices for prescription drugs in the world -- by far. Drug costs increased 12.6 percent last year, more than double the rise in overall medical costs. (Inflation in this country was 0.8 percent that year.) Even before that, we spent nearly 40 percent more per person on prescriptions in 2013 than they did in Canada, the next most expensive industrialized country. Prescription drugs cost nearly five times more per person in this country than they did in Denmark that year.
What's the least controversial statement anyone could make about health care costs in the United States?
Drug prices are out of control.
No one really disputes it, and the real question is, Do we have the political will to do anything about it?
It was impossible to look online last week without noticing one story after another about the egregious price increases for the EpiPen and, further, the ensuing demand for investigations by Congress and the Federal Trade Commission from a variety of public figures, including Minnesota Senator Amy Klobuchar, whose child has severe allergies.
With virtually no limits on what can be charged for medicine, drug companies have imposed a series of price increases with no seeming justification other than to enrich executives and shareholders at the expense of patients.
It takes $440,000 of medications a year to keep David Mitchell alive. Now he’s founded a nonprofit to make drugs more affordable.
Almost all developed countries — including those run by very conservative governments — have an effective solution for drug prices, which is why these countries often pay less than half of what people in the United States pay for drugs. For instance, Australia’s more than 60-year-old Pharmaceutical Benefits Scheme has been the single purchaser of drugs for the country, making drugs available at fixed prices that are now listed online.
The United States is exceptional in that it does not regulate or negotiate the prices of new prescription drugs when they come onto market. Other countries will task a government agency to meet with pharmaceutical companies and haggle over an appropriate price.
While insults of all kinds have been thrown at “Pharma Bro,” he is not the real villain but rather someone trying to do his job, which is to make a profit. The villain is the system.
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Big Pharma – oh, how we love to hate you. The corporate behemoth that is the pharmaceutical industry has morphed into a gargantuan force in American politics and business yielding immense power.
An angry public overwhelmingly wants change in an easily vilified industry. The pharmaceutical industry’s recent publicity nightmare included 1,000 percent price increases and a smirking chief executive who said, “I liken myself to the robber barons.” Even powerful members of Congress from both parties have said that drug prices are too high.
AIDS activism group ACT UP is on the front lines again—this time in a global fight for universal access to 'miracle' hep C, HIV, and cancer medications. So what's stopping it?
In Britain the world's 20 top-selling medicines are three times cheaper than in the U.S.
In any given month, more than half of all American adults take at least one prescription drug. There is no question that medicines help millions of people live healthier and longer lives, and can also prevent more expensive illnesses and treatments. However, it is unacceptable that the United States now spends more than $370 billion on prescription drugs and spending is rising faster than at any point in the last decade.
The US has a problem: the cost of pharmaceuticals is rising too fast. It grabs attention in extreme cases, like when the the price of a 62-year-old drug was hiked from $13.50 to $750 per pill overnight, or a new cure for hepatitis C debuted with a list price of about $1,000 a pill.
The prescription drug pricing system in the U.S. is rigged against patients. We are fighting to change that.
Prescription drug prices are out of control. The drug corporations have literally rigged the system to have monopoly pricing power—spending billions to get the laws and regulations that benefit them. They’ve spent $2 billion on lobbying in Washington since 2003.