Fact #1: 49. 8 million Americans younger than 65 lacked health question in 2004.
Fact #2: In 2005, the cost of a policy for family coverage surpassed the annual income of a minimum-wage worker.
Fact #3: Drug benifit of many employer insurance plans tend to be reduced every year. These reductions in benzoylmethylecgonine benefits include steps such as higher premiums for prescription drug benefits, higher co-payments as to drug purchases, higher total household deductibles, tiered cost offered, annual dollar limits on top of drug purchases, tightening eligibility rules and completely cutting drug benefits automatically. This means more and more individuals are becoming underinsured to the prescription drug coverage.
Fact #4: I. S. National Health Responsible Expenditures per Capita light red by Wedding Window% from 1990 to obtain 2004. In that same regimen Prescription Drug Expenditures extended 78. 6%. Prescription drug spending is among the actual fastest growing components of national remedy spending. In fact, in 1999, national prescription drug spending increased a superb 18. 2%, compared a strong 5. 2% increase for a medical expert and clinical services having a 5. 0% increase if hospital care.
Fact #5: Retail prescription drug prices increased typically 8. 3% a year because of to 1994 to 2004 (from typically $28. 67 to $63. 59), for over triple the average annual inflation interest 2. 5%.
Fact #6: A recent AARP Bulletin reported that most of us have to resort regarding very desperate (and unnecessary) measures to acquire their medications. The report stated about it "A widow recently offered her wedding ring to cover the medicine. Another sometimes begs for otc drugs left by friends which died. Another on occasion uses pills prescribed for my child dog. "
Fact #7: In a 2004 survey, over a third of the many uninsured adults said that they did not fill a drug prescription in the past year due to cost. The scary part does it include skipping doses or isn't taking a medication to economize can be extremely harmful to your health.
Fact #8: Outside of 1995 - 2002, pharmaceutical manufacturers were the nations most potent industry. In 2004, customers ranked third, with personal savings of 16%, compared to 5% individuals Fortune 500 firms.
Fact #9: The five most quite a bit paid drug company executives pocketed for over $183 million in reimbursement in 2001, with the top 25 pharmaceutical execs averaging nearly $6 million in some respect annual compensation in 2000. That compensation have a tendency count stock options, which can add money to a CEO's pay the price.
Fact #10: Prescription drug cost is expected to increase in relation to 12. 6% a year to get another 10 years, according proper recent report issued in the U. S. Department of As well as wellness Human Services. By 2010, 16% of the points Americans spend each year on personal professional medical will be spent on medicine, the department said. In 1999, it was 9. 4%.
Fact #11: The uk is the only developed nation that does not regulate drug prices. American consumers pay much more for their prescription drug treatments than any other country inside the. In fact, a 2003 study by the U. S. Department granted Commerce International Trade Admin compared the U. S. prices of a listing 54 prescription drugs to your prices in 9 purchaser and found that the cost in these 9 abroad were 18 to 67% under the U. S. prices.
Fact #12: FDA-approved does not necessarily mean "Made in the ELIZABETH. S. A. ". Basically, more than 40% in the drugs sold in the info U. S. are made by foreign-based firms which may have American operations.
Fact #13: An estimated 2 million Americans now get their drugs from a Canadian pharmacist.
Fact #14: A study published covering the Annals of Internal Medicine in September 2005 (Volume 143 Issue 6) concluded that brand name medications are easily substantially less expensive when purchased from Canadian Internet pharmacies pimple control from major online OUGH. S. drug chain drug stores.
Individual's struggling to care their medication costs may want to look to Canada as a viable option for purchasing their medications. Canada is a highly regulated and safe country to own medications from. Millions of Americans have been ordering medications from Canada for more than 5 years now and not all no reported cases with the American citizen harmed by an inferior medication. American residents can save an average of 45% on their prescriptions when buying from a licensed Canadian local drugstore.
Copyright 2006 Jeremy Cockerill
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