Pharmaceutical Prices Over Time & the Effects in the United States
Public DepositedMLA citation style (9th ed.)
. 2023. marian.hykucommons.org/concern/generic_works/2b6b535c-dcf5-40da-a371-f82c9940cdc3?q=2017-08-15%208:30. Pharmaceutical Prices Over Time & the Effects In the United States.APA citation style (7th ed.)
(2023). Pharmaceutical Prices Over Time & the Effects in the United States. https://marian.hykucommons.org/concern/generic_works/2b6b535c-dcf5-40da-a371-f82c9940cdc3?q=2017-08-15%208:30Chicago citation style (CMOS 17, author-date)
Pharmaceutical Prices Over Time & the Effects In the United States. 2023. https://marian.hykucommons.org/concern/generic_works/2b6b535c-dcf5-40da-a371-f82c9940cdc3?q=2017-08-15%208:30.Note: These citations are programmatically generated and may be incomplete.
The annual increase on price of pharmaceuticals are becoming a growing health concern in the United States for patients, prescribers, and policy makers.
Why is this an issue?
• Prices of newly marketed and pre-existing pharmaceuticals in the United States has exponentially increased each year.
• The United States has spent more on pharmaceuticals than other countries. (PGPF)
• Increase in co-payments for pharmaceuticals reduce affordability of prescribed regiments and reduce patient adherence. (Kesselheim et. al.)
How did the issue come to be?
A series of instances have led to the issue at hand such as:
• United States healthcare system enables pharmaceutical manufacturers possessing the ability to freely set prices after approval. (Rome et.al.)
• The United States possesses market forces that enable continuous high pharmaceutical prices: protection from competition and negotiating power. (Kesselheim et. al.).
Submitted as part of the BMS-515 Public Health and US Healthcare System course for MUCOM Research Day.
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