by Gabriel Levitt, Vice President, PharmacyChecker.com and Margaret Rode, PharmacyChecker.com | Mar 11, 2011 | Drug Prices
Last August AARP published an analysis stating that in 2009 brand-name drug prices increased by over 8%. Disturbingly, new AARP data shows that from 2009 to 2010, in the Rochester region of upstate New York, brand-name drug prices increased by a devastating 11%, almost seven times the average inflation rate of 1.6%.
The report, published by Excellus BlueCross BlueShield, the largest health insurer in the Rochester area, also finds that brand name drug prices increased by 93% between 2004 – 2010. This data explains why the number of Americans not taking their medication due to cost – 25 million – has almost doubled over the past ten years, a very sad state of affairs for America.
The report identified steep increases on popular brand name drugs for which there are no generic substitutes, such as Actos, Advair, Lipitor, Singulair and Nexium. For some American patients, U.S. prices are beyond reach and they must go without their medication. The exact same drugs can be found online from verified international online pharmacies at much lower prices, often 80% less, which can make the difference between people taking or not taking their prescribed medication. (more…)
Tagged with: BlueCross BlueShield, brand-name, Congress, Drug Prices, inflation, Medicare Part D, New York, President Obama, taxpayers, United States
by Gabriel Levitt, Vice President, PharmacyChecker.com and Margaret Rode, PharmacyChecker.com | Mar 3, 2011 | Drug Prices
Just over one year ago we launched this blog with a post called Drug Price S.O.S. – 120 Million Americans Struggle to Afford Medicine. That number came from a 2008 Harvard School of Public Health study showing that 4 in 10 Americans have trouble affording their prescription drugs. Sadly, the situation has gotten worse.
As reported on MSNBC.com and Reuters, new information released by the U.S. Centers for Disease Control and Prevention’s National Center for Health Statistics shows a dramatic increase in the number of American adults who are unable to afford healthcare. From 1997 to 2009 the precentage of Americans not taking their medications due to cost nearly doubled from – increasing from 4.8 to 8.4%. The earlier Harvard study mentioned above shows 40 percent of Americans struggling with costs; that could mean pill splitting, skipping doses, taking alternatives, or simply going without needed medication. The recent government statistics are clear about how many Americans don’t take their medication due to cost: 25 million! [8.4% of 300 million (the U.S. population) = 25 million]. (more…)
Tagged with: brand name drugs, Drug Prices, Harvard, health insurance, MSNBC, Online Pharmacies, personal drug importation, pill splitting, prescription abandonment, prescriptions, recession, Reuters, U.S. Centers for Disease Control and Prevention, United States
by PharmacyChecker.com | Feb 18, 2011 | Healthcare Reform, Personal Drug Importation
Last May, we reported that AARP honored Senator Olympia Snowe (R- Maine) for her ongoing advocacy of policies and initiatives that seek to improve the lives of Americans age 50-plus. The award specifically mentioned her efforts to make safe drug importation legal and more available to help more Americans afford their medication. In our post on this recognition, we predicted that the issue of access to safe drugs would persist in the aftermath of the new healthcare legislation, and we’re now happy to announce that last week Senator Snowe put legalizing drug importation back on the Senate’s agenda.
Senator Snowe has introduced legislation that would amend the Food, Drug, and Cosmetic act to facilitate drug importation that would effectively lower prescription drug prices. Additionally, the bill would increase U.S. Food and Drug Administration inspections of international manufacturing plants. S. 319, the proposed Pharmaceutical Market Access and Drug Safety Act of 2011, is similar to Senator Snowe’s co-sponsored bill from 2009, also known as the Dorgan Amendment. For more information on the Senator’s past support for personal drug importation, see our post Canadian Pharmacies and Personal Drug Importation Play Critical Role in Greater Healthcare Benefits for Americans. (more…)
Tagged with: AARP, bill, Canadian pharmacies, Congressman Ron Paul, Drug Importation, FDA, healthcare, personal drug importation, Pharmaceutical Market Access and Drug Safety Act, President Obama, S.319, safe drugs, Senate, Senator Chuck Grassley, Senator Snowe, seniors, United States, YouTube
