America's Legal Drug Crisis - Document preview page 1

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America's Legal Drug Crisis

An exploration of the legal drug crisis in the U.S., addressing prescription medication misuse and regulatory challenges.

Lily Green

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12 months ago

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AMERICAS LEGAL DRUG CRISESUniversity of PhoenixEconomics: the Financing of Health CareHCS 440

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Slide▪2Discussion PointsIntroductionNational Health Care Expenditure (NHE) FactsConvergence of ProblemsUnderstanding of Solutions and ComplexitiesThe Overall Picture12456SolutionsConclusionsReferances789Medicare and Medicaid’s Influence on Drug Costs3

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Slide▪3Introduction▪Generic drugs first came to market in 1984▪1988 Generic drugs developed bad reputation▪FDA revamped drug protocol▪Generic drugs are as effective as brand drugs▪Generic drugs cost less than brand drugs▪Medicare has no influence over drug cost▪Medicaid has influence over drug cost

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Slide▪4National Health Care Expenditure (NHE) Facts▪1983 physician centered advertisement to consumer centered▪1983 to 2009 DTC advertising results12 billion dollars to 249.9 billion▪2007 usage data▪Drug patent limitations▪Government limits

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