Examining High Drug Costs In America. What You Need To Know

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Drug Costs News

High Drug Costs,America,Health Inequity

Dr. Omer Awan MD MPH CIIP is a practicing radiologist physician in Baltimore, MD that writes about healthcare and public health. He earned his Medical Doctor (MD) degree from the George Washington University School of Medicine and Health Sciences and his Master in Public Health (MPH) degree from Harvard University.

Washington office to protest high prescription drug prices on Tuesday, September 21, 2021. Soaring drug prices in America have left many Americans unable to pay for medications and treatments that could otherwise improve their health and well-being. 58 million Americans experience medication insecurity, or the inability to pay for a medication in the last 12 months, according to a

Drug prices in America remain significantly higher than any other wealthy country. In 2018, drug prices were nearly double those in Britain and France even after accounting for discounts American consumers use, according to research from the A more dramatic example would be the pricing of the oral pill that can cure Hepatitis C. The list price for a monthly supply is overWWE WrestleMania 40 Results As Jey Uso Defeats Jimmy Uso

Patents also provide further barriers to decreasing drug costs. Patents are issued to drug companies that ultimately provide temporary monopolies whereby competitors that would price the drug at a lower cost cannot enter the market. As an example, the cancer drug Keytruda which costs $191,000 in America has 168 patents according to reports inAlthough high drug prices may be necessary to drive research and innovation, Senator Sanders points out the greed in big pharma.

 

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