Health Care Project Essay

Team B has chosen prescription drugs for our wellness sustainment reform project and how our current economic status is influenced. We leave al matchless give ideas and ascendants to show how to decrease the drug pricing. Ways that can be implemented toward a solution. Pharmaceutical companys need to repair their business practices from a high profit, low development model to a moderate profit, moderate to high development model. Structures and regulation that will formulate the competition, barriers to entry, and regulations. Taking a look at drug pricing from polar perspective, like damage, research, and development, marketing, and the manufacturing of pharmaceutical drugs.The Monopoly of pricing who is knotted, and the curves associated with it. Price discrimination how it changes whos involved and what the criteria are for groups as well as pricing for individuals. How cost of co passs differ from brand names to generic and how the drug formulates come into play. How to shed the system work for everyone that will amount to higher than just a 30-day depict, pharmacy assistance programs, local charity programs, and low income opportunities. Better ship canal to enforce existing legislation, vote in new legislation, and regulate prices crossways the board. The above affects the insured and non-insured Americans. For most American households, pay for wellness criminal maintenance to include prescription drugs and medical bills has been one of the hardest financial strains stunned there.According to a report published by (Consumer Reports, 2012), many impart cut back on other household expenses or gon potentially dangerous measures with their wellness to afford their medications. The most affected race is the working-age Americans who do not commit prescription drug insurance coverage. much than than half of the people who completed the survey requested by Consumer Reports took one or more prescriptions had to reduce other household expense s or affect changes in how the general population manage their finances. These reductions included how much they fall out on their groceries, entertainment, activities with the family, and using their credit cards to purchase medications. The problemwas more severe with younger people than elderly people age 65 and older. 84 percent of them said they had to resort to such measures (Consumer Reports, 2012) as antecedently listed. Prescription drugs or better yet the cost of prescription drugs is a discussion in the country of importance.The rise of the cost of prescription drugs is of primal to many people in the United States and plays a vast affair in the economics of health care. The elevated pricing of prescription drugs has render a focal point of politics and in need of approximately governance. Even though healthcare and prescription drugs are seen as a private sector issue, the discussion of some collectivized measures put into settle is a definite need for the econom y. Some of those ideas include price-capping expensive drugs and all the same importing drugs from Canada. Healthcare and prescription drugs have been privatized however, the government has a huge influence on them both. According to the Centers for Medicaid and Medicare Services, the government, including state, and federal, has contributed more the 2.7 trillion in 2011. This shows that we have hidden, or more politically correct, blurred the view of a socialist healthcare system. The currently health care system with health care reform has caused confusing for consumers. Many people are struggling to pay for the high cost of medication they are on.Some of the patients have to take a different type of medication, which is called alternative medication because their insurance denied paying for it in addition the process to get approval from insurance takes protracted time and more paperwork back and forth from doctors and insurance companies. In reality, health care consumers are the victims, they suffer from their medical illnesses, and they suffer for the high cost of prescription drugs. Health care reform in theory is dowery more than forty million people to have health coverage, the lease curve shifts to the right. The important matter at the present time is the supply to cover that many people to have a quality care whereas the economy is gradually recovering. The unemployment rate is not changing much, it is still relatively high. When the prescription drug cost much of our income, seeking for other solution becomes a must do from consumers, they tend to dismiss their prescriptions or purchasing medication from online market, which may cause bad health than curing purpose.