As children grow up, they learn an important lesson: when you are sick, taking medicine usually helps you feel better in a reasonably short time. That acquired knowledge has helped generations of kids suck down foul-tasting cough medicine and other remedies. In fact, “taking your medicine” has become cultural shorthand for doing something that may be unpleasant in the short run, but benefits one over the long term. This is certainly aided by the fact the United States has one of the safest drug supplies in the world; when you take a medication in America, you can count on it […]
Tag: High Cost Drugs
Demystifying the NeedyMeds Drug Discount Card
Have you heard about the NeedyMeds Drug Discount Card? If you haven’t tried it yet, this free card can be your key to significant savings on prescription medications. Thousands of patients have already saved over $340 million on prescriptions across the US. Whether you’re uninsured, facing high co-pays, or need help with non-covered meds, the NeedyMeds card is designed to help you save up to 80% at over 63,000 pharmacies nationwide, including all major chains. How the NeedyMeds Drug Discount Card Works The NeedyMeds card is available to everyone—no income limits, no age restrictions, no registration, and no personal information […]
The Lowdown on Specialty Drugs II: Biosimilars and How to Get Your Insurance Company to Cover the Costs
Biosimilars are defined as “similar versions of an existing biological medicine by a different manufacturer.” Biosimilars may be used to treat difficult-to-manage conditions including rheumatoid arthritis, multiple sclerosis, chronic pain, HIV and cancer, among other conditions. Because they are more complex and more difficult to manufacture than other pharmaceuticals, rigid compliance to regulations and quality control are crucial to avoid contamination and drug shortages. Their complexity also means that they are more expensive for the patient. A recent article by NBC News suggests that “the number of patients who could benefit from these more sophisticated therapies will only continue to […]
The Lowdown on Specialty Drugs
Healthcare costs continue to be a concern, despite efforts underway to reduce them through healthcare reform initiatives. One area, in particular, is worrying patients and physicians alike: specialty drugs or biologics. An article in Workforce Management reports that specialty drugs “make up about 17% of employers’ total drug costs, even though just 1% of the workforce takes them.” Reuters reports that “approximately 57 million Americans rely on specialty drugs,” with the average prescription costing $1,766.00 in 2011. “Specialty drugs are high-cost drugs used to treat complex or rare conditions, such as multiple sclerosis, rheumatoid arthritis, hepatitis C and hemophilia. The […]