Impact of High Cost of Prescription Drugs in the USA

Impact of High Cost of Prescription Drugs in the USA

High Cost of Prescription Drugs in the USA and its impact on healthcare setting and solutions. Review of Current Healthcare Issues: High Cost of Prescription Drugs in the USA compared to other Countries such as Canada.

High Cost of Prescription Drugs in the USA and its impact

Review of Current Healthcare Issues: High Cost of Prescription Drugs in the USA compared to other Countries such as Canada.

Introduction: One of the current stressors in the healthcare profession is the increasing cost of prescription drugs. In this discussion, examine a national healthcare issue, such as the High Cost of Prescription Drugs in the USA compared to other Countries such as Canada, and consider how this issue may impact your work setting as a healthcare professional. You also analyze how your organization has responded to this issue.

To Prepare:

Review the attached detailed instruction document and uploaded research articles and other current relevant peered-reviewed resources (within 5 years) of your choice and write a 2 page discussion APA style on the following;

1) Post a description of the national healthcare issue/stressor you selected for analysis such as the High Cost of Prescription Drugs in the USA compared to other Countries such as Canada

2) Explain how the healthcare issue/stressor may impact your healthcare work setting.

3)Then, describe how your health system work setting has responded to this healthcare issue/stressor, including a description of what changes may have been implemented. Be specific and provide examples.

 

More details:

Why are drug prices so high in the US?
The simple explanation for excessive drug prices is monopoly pricing. Through patent protection and FDA marketing exclusivity, the U.S. government grants pharmaceutical companies a monopoly on brand-name drugs. But monopolies are a recipe for excessive prices.
What is the impact of higher drug prices on the healthcare industry?
Higher Drug Prices Linked to Higher Hospital Prices

The most recent study found that after historic increases in hospital spending on drugs of 38.7% per admission from 2013 to 2015, total inpatient and outpatient spending continued to rise by an additional 18.5% per adjusted admission from 2015 to 2017.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *