Medication prices continue to be a major concern for many Americans. Recent months have seen a deluge of stories of drugs with $100,000+ price tags. A 2015 poll found that a third of patients saw a price increase in their medications last year. The problem is that these price increases have different causes, making it difficult to solve all the issues. With advances in science we have seen development of new, highly successful drugs sometimes costing as much as $1000 per pill. These prices are often seen as justified when researchers look at the benefits of a curative versus the […]
Tag: healthcare costs
Why Drug Prices Skyrocket
Drug prices continue to be a major concern for Americans. According to a Kaiser Family Foundation Health Tracking Poll published today, 77% of those surveyed said medication costs were their number one health concern, reflecting recent headline-making increases. Furthermore, 63% support government action to lower prescription drug costs as a top priority. Compared to a study by the same organization from August, the results are largely the same with notably increased support of government intervention. The United States is the only developed nation that allows drug makers to set their own prices. Throughout Europe, Canada, and Australia, governments negotiate […]
Prescriptions or groceries?
Some Americans are making sacrifices and taking risks to afford their meds Rising drug prices have become a public health crisis, forcing too many Americans into making some tough choices. In a recent Consumer Reports Best Buy Drugs’ poll of 1,037 U.S. adults who currently take a prescription medication, one third said they were hit with higher drug prices at the pharmacy counter in the past year. And while the average increase was $39 extra out-of-pocket, one in 10 reported paying $100 or more over what they’d previously paid. Those higher prices led nearly 40 percent of people to […]
HEALfundr: The Power to HEAL
Even with recent legislation making health care more accessible, Americans still need help paying for medical expenses. Despite having insurance coverage, 10 million Americans faced bills they were unable to pay in 2013. When options run low and eligibility requirements for assistance can be restrictive, many are turning to online crowdfunding. Remaining popular for creative works, crowdfunding is a tool to collect donations using the Internet towards a larger single goal. In 2012, up to 30% of all crowdfunding campaigns were for social or medically related causes. The use of social media has connected those in need with those in […]
Introducing HEALfundr
Crowdfunding Your Power To Heal “Crowdfunding” is a buzzword that hasn’t quite made it to everyone’s ears yet. It refers to the practice of collecting donations from a group or “crowd” to raise money through small donations towards a single goal. The platform has existed for longer than most would think—19th century literary works were published in a similar way, local or noteworthy patrons giving commissions to an author for a future copy of their work. The Internet has revolutionized the reach of crowdfunding. Kickstarter is the name most commonly associated with crowdfunding, helping fund creative projects with backers usually […]