The Advantages of Awarding the Federal Government Negotiating Power Over the Prices of Prescription Drugs

Conti, Rena M.

doi:10.1002/pam.21934

Cited by 1 publication

(2 citation statements)

References 8 publications

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“…10,11 The United States consumes "more health and wellness goods per capita" than any other country and makes up 40% of all prescription drug purchases worldwide. 12 Not only do Americans take more medicines, we pay more for those medicines. 13 A review of medication use and spending in the United States found that spending on prescription medicines-retail and institutional-in 2016 increased by 5.8% to $450 billion; net prescription spending was $323 billion after adjusting for estimated rebates and other price concessions.…”

Section: Benchmark Plansmentioning

confidence: 99%

“…From 1997 to 2016, the U.S. population grew 21%, but during that 20‐year period, the number of medications that Americans of all ages filled rose 85% from 2.4 trillion to 4.4 trillion . The United States consumes “more health and wellness goods per capita” than any other country and makes up 40% of all prescription drug purchases worldwide …”

Section: A Us Concoction: More Medicines More Expensive and Complex A...mentioning

confidence: 99%

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Medication Access in America and Medicare Part D: Prescription Shopping Saves but May Be Costly

Upchurch¹,

Disco

Visco

et al. 2018

J American Geriatrics Society

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This article is a reflection of some of the changes we have witnessed in pharmacy over the years, including the rise in medication use and prices and the transformation of how medicines are paid for in the United States, with growing concern over pricing transparency. We discuss the complex Medicare Part D prescription drug benefit, how enrollees can save by comparing plans annually, and the influence of preferred pharmacies. We review options for medication assistance other than Part D and share our belief that, although Medicare Part D has dramatically improved access to medicines, more needs to be done to decrease Medicare's and individuals' out-of-pocket spending and, as importantly, to ensure that medicines are doing more good than harm. J Am Geriatr Soc 66:33-40, 2018.

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Section: Benchmark Plansmentioning

confidence: 99%

Section: A Us Concoction: More Medicines More Expensive and Complex A...mentioning

confidence: 99%

Medication Access in America and Medicare Part D: Prescription Shopping Saves but May Be Costly

Upchurch¹,

Disco

Visco

et al. 2018

J American Geriatrics Society

View full text Add to dashboard Cite

show abstract

The Advantages of Awarding the Federal Government Negotiating Power Over the Prices of Prescription Drugs

Cited by 1 publication

References 8 publications

Medication Access in America and Medicare Part D: Prescription Shopping Saves but May Be Costly

Medication Access in America and Medicare Part D: Prescription Shopping Saves but May Be Costly

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