Tag: healthcare costs

Health
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Prescriptions Cost More in the US

We have written many times over the past year of the growing concern of rising prescription costs, from last year’s Daraprim price increase to the more recent life-saving EpiPen price hike. We have tried to explain why these things happen in the US health care industry, but there are a lot of contributing factors. A majority of Americans still consider prescription costs unreasonable and an important political issue. One thing often pointed out is that medications are often much more expensive in the U.S. as compared to other countries. Pharmaceutical companies have denied this, saying that prices in the U.S. […]

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Out-of-Pocket Costs on the Rise

NeedyMeds’ mission has always been to help patients find help covering the costs of health care expenses. A previous guest post from Consumer Reports outlined the problem patients may face when confronted with expensive prescriptions, sometimes having to choose between needed medicine and groceries for their family.  Two recent studies show that the problem may be growing as out-of-pocket costs for health care are continuing to rise.   According to a study from TransUnion Healthcare, the consumer’s share of healthcare costs rose by 13% from 2014 to 2015. The report also shows that while costs rose, patients had fewer resources […]

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Health, Healthcare Reform, Prescription Drugs
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The Causes for Increased Cost of Medications

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 […]

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Health
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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 […]

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Health
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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 […]

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About Us

Welcome to the NeedyMeds Voice! We look forward to presenting you with timely, provocative pieces on healthcare reform, patient advocacy, medication and healthcare access, and other health-related news. Our goals are to educate, enlighten, and elucidate; together, we will try to make sense of the myriad and ongoing healthcare-related changes in the U.S. today.