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Rise in the Price of Prescription Drugs

Janine — Tue, 12 Apr 2011 00:33:58 +0000

According to the investment bank Barclays Capital, there will be a rise of 6-9% on brand name drugs. Barclays Capital analyzed the prices of 130 top selling drugs. According to the study, Benicar, a blood pressure pill, had the biggest jump in price by 29.3%. In addition, Lipitor rose by 12.4% and Plavix rose by 13.2%.

This increase in prices reflects the industry’s efforts to work against the efforts of government and commercial health plans to control costs on medications as well as to make up revenue on brand drugs that will soon be losing their patent protection.

Typically, health plans negotiate rebates to lower their cost. Rebates for private health plans average 14.3% on a brand drug. Over the past year, drug prices have negatively impacted revenue when rebates and discounts are considered. Drug companies are preparing for a fall in revenue as firms lose their exclusive rights to produce specific drugs due to patents expiring.

Between 2002 and 2009, drug prices have gone up an average of $58.96 per prescription while rebates for private health plans went up by $12.57. In 2008, about $7,681 was spent by US health care per resident. In the US, prescription drugs have about $300 billion in yearly sales and prices are still rising! Brand name drug prices are becoming more expensive than any other medical goods or services.

Top selling drug firms are preparing to compete against generic drugs when their patent ends. When the patent ends, it is eligible to become a generic so a company can sell discount prescription drugs. A generic drug contains the exact same ingredients, has the same dosage, and has the same side effects; the only differences are that the generic version will look different and is much cheaper! For example, you could choose to buy Tylenol, when it’s generic, acetaminophen, is actually more affordable.

Another way Americans are saving money is by buying drugs online from Canada. Drugs from Canada are 35-55% cheaper than in the US. Buying drugs such as Lipitor online from an online pharmacy is much more affordable than buying prescription drugs from a local US pharmacy.

DoctorSolve Healthcare Solutions Inc., a Canadian Internet-based pharmacy intermediary (license #BC X23), offers low cost, long-term prescription drugs. A professionally registered pharmacist fills all Canadian prescriptions. A certified member of the Canadian International Pharmacy Association, DoctorSolve is ranked as one of the best online Canadian pharmacies by PharmacyChecker.com.
For more information on how to order Canada drugs safely and securely call 1-866-732-0305 or visit http://www.doctorsolve.com/ – a trusted and reliable Canadian online pharmacy since 1999.

Why Canadian Style Health Care Isn’t As Bad As Many Think

John — Mon, 24 Aug 2009 11:59:00 +0000

Well as the debate over health care goes on, I would just like to talk about the subject of Canadian health care. For some reason it has been brought up in the American debate and has been placed in the same category as euthanasia, and Communism (not just normal Communism, Communism during the 60′s and 70′s). This is probably due to the huge misrepresentation that has been given to Canadian health care.

Shona Holmes went to the United States to take part in an advertising campaign that opposed the idea of health care reform. She claimed that she would have died without American treatment. Truth is, she panicked and ran south even though she could have been treated her and still been perfectly fine (and saved a lot of money). Holmes is one of those, for lack of a better/less vulgar word, stupid people. I know, Canadian health care isn’t perfect and she is entitled to her own opinion, but Canadian health care is much better then told.

It offers aid to anyone and doesn’t refuse to treat someone when they’re dying because of money issues. Apparently in Canada human life is more important than money. American health care bankrupts people faster than Usain Bolt running the 100 meter. The actual reality of the matter is that Americans are ordering drugs FROM Canada. Sometimes prescription drugs can cost up to 70% less from Canadian pharmacies! So what’s so bad about the Canadian health care system?

For more information on how to order Canada drugs safely and securely call 1-866-732-0305 or visit http://www.doctorsolve.com/ – a trusted and reliable Canadian online pharmacy since 1999.