6. “The system shall provide information to medical staff which reduces the probability of over-prescription of medication” (MHCPMS Case Study, 2014)…
The ethical dilemma that arises from this is the people that need the drug may or may not be able to afford the medication they need to survive. Pharmaceutical companies began trying to work with the manufactures and offer the medicine to those that did not have the means at a discounted price however they were not reduced enough for many that needed the drug to live.…
The purpose of this paper is to analyze the current position of physicians, and to establish an informed/detailed study of the trends. The research will also establish a theoretical framework of these trends, and their relatedness to the law of Demand and Supply with a focus on physicians. This review will among other things, institute recommendations.…
The Prescription drugs industry is one of my national economy important and special industry. It is closely related to people's health and life security, to protect and improve people's health has played a big role. Also, Industry's profit margin is very considerable. On the other hand, Prescription drug is a special kind of products, has a certain sensitivity, for the quality of the products and technology have very strict requirements. Because it is a direct effects on the human body, is closely related to people's health. The particularity of the industry is that ordinary consumers for the quality of the product and generally difficult to recognize and grasp the nature, generally trusted certification authority. Thus, From my perspective,…
Should Medicare be allowed to negotiate drug prices? Is the debate in this case Americans on Medicare have out-of-pocket spending tends that increase with age; in 2010, beneficiaries ages 85 and older spent three times more out-of-pocket on services, on average more than beneficiaries ages 65 to 74 ($5,962 vs. $1,926). With prescription drug costs out of control since the Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) drug cost has rosen to 16.9 percent, the pro to the United States govermment negotiating prescription drug cost they can dictate how much Medicare recipates will pay, how much they will pay how often they will pay , Medicare being the largest purchaser…
Langreth, R. (2014, May). Big pharma 's favorite prescription: higher prices. , (), . Retrieved from…
In the United States there have been numerous medication issues that healthcare institutions have dealt with. The medication has risen in cost; few medications that have been approved by the FDA have resulted in severe side effects. That has led to the health institution liable for legal disputes, lawsuits and a tarnished reputation. This medication issue continues to affect the productivity and the growth of healthcare institution. According to National Academies there at least 1.5 million people every year that deal with medication errors (Dobbins, C., Stencel, C., 2006). That the extra medical cost alone is about 3.5 billion dollars, but does not include the lost wages, the productivity and additional health care cost.…
How would you feel if your everyday medications price went up by hundreds of dollars? Now you’re left to pay the huge cost upfront! This is exactly what happened to the prescription drug called, Daraprim. In Andrew Pollack’s article, “Drug Goes From $13.50 a Tablet to $750, Overnight,” Pollack describes what Daraprim is: “a 62-year-old drug that is the standard of care for treating a life-threatening parasitic infection.” In our society of rapid change, the prescription drug companies are allowing the cost of their medications to be up-charged. Because of the free market in the pharmaceutical companies, this allows them to change their prices when it best suits them. In our world of fast-paced technology and the evolvement of pharmaceuticals, enforcing a cap on prescription drug prices may create an improvement on the physical welfare of current generations and increase the feasibility for individuals to keep up with their everyday expenses.…
As a healthcare provider, I wish to give the best medical care to the patient but the dilemma would be patient would not be able to afford the cost of the medication without insurance reimbursement. To solve the problem, I can contact pharmaceutical companies for their patient assistance programs, patient and healthcare provider communication is strongly associated with the use of the programs (Gellad et al., 2011). Other possible solutions could be engaging social workers to assist patients to participate in Medicare Part D and financial assistance. We can also collaborate with other non-profit organizations for resources with prescription costs.…
Prescription drugs are one of the main increasing costs in health care. It has an impact on the population that could not afford prescription drugs, including brand name. The use of generic and OTC (over-the-counter) drugs gave the underprivileged groups in America a better chance for purchase. People believe that the generic form of the drugs do not have the same effect that brand name drugs do. It is a concern that prescription drug addictions rise in the elderly and the younger groups who use for nonmedical reasons. The availability of drugs is one of the causes of abuse. Most people take medicines only…
The world of today and the Brave New World may be more alike than some would have thought. After reading the book and studying the elements within it, I see one thing that is getting us closer to a society like the Brave New World; drugs. Now some people would say I’m crazy for saying this, that there is no way that people of 2017 are that deep into drugs for me to be comparing us to citizens of the brave new world, but those types of people are ones whose minds are not open to new ideas.…
Your standing in line at your local drug store, head killing you, your face feels like it’s ready to explode, and you cannot breathe if your life depended on it. In short your allergies are making your life unbearable, and you are completely out of Sudafed. When you finally arrive at the pharmacist and ask for a box, you are asked for your driver’s license and then promptly turned away. Recent laws have you waiting one more week before purchasing anything that contains pseudoephedrine or ephedrine. Disgruntled and in pain, you walk away and as you leave the store you overhear the cashier tell a customer “instead of buying a pack a day, why don’t you just buy a carton?” Right about now the FDA’s “…goal of a healthier, safer nation…” ("Overview Of The FDA Mission", 2007) does not feel so accurate. The FDA’s regulations are unjust, because they place corporate profits above consumers’ safety, ban proven natural beneficial health medications, and allow the public’s lifestyle demands to alter their mission.…
There is a strong presence of the theoretical framework in this research. The basis is built on the hypothesis that prescription drugs, medical procedures and diagnostic tests are underused, overused or misused. The concept is further studied and elaborated where potential…
Only twenty-five percent of prescriptions are appropriately taken in the United States. Not only does this threaten the patient, but it also endangers the entire healthcare field as well. The effects of medication nonadherence are the unnecessary attention brought to the epidemic, fees in the…
Prescription drugs are a critical part of the health care system and chronic patients who rely on medicines to keep them healthy. Unfortunately, drug costs in the United States are too high and continue to be raised routinely. The unsustainable drug costs put a severe burden on the health care system and ultimately the patients. Should the United States government do more to regulate the cost of prescription drugs? It is still a debatable question as it is evident throughout history that developments of the pharmaceutical industry and science have increased when Congress passed legislations that support the innovation being conducted in the lab including policies like the Orphan Drug Act, the Prescription Drug User Fee Act, and the Food and…