Navigation Links
Brand Name Drug Prices Zoom

A report has found that prices of 200 brand name drugs which are taken regularly by older Americans have risen by 6.3% during the 12 month period ending // mid June 2006, against an inflation rate of 3.8%. The survey was conducted by AARP and reported in their Rx Watchdog Report released on Tuesday. It is also reported that the prices of 75 commonly used generic drugs remain the same.

Heading the list of drugs with highest price rise is Aventis' Ambien 5mg with a hike of 13.3%.It is followed by Boehringer Ingelheim's Combivent (12%), Pfizer's Atrovent (12%), Ambien 10mg (9.9%) and Glaxo Smith Kline's Wellbutin (9.4%).

The biggest average six month price rise has been reported in Aventis, up by 7.7% and the lowest in Monarch and Takeda (0%) and Lilly (2.5%).

The report author Susan Raetzman, assosiate director of AARP's Public Policy Institute said that though the rate of price increase is the same as in recent years, it means an increase of over $70 annually, for a drug which is taken regularly. Considering an average annual cost of $300 on drugs for older people, this is quite steep.

Raetzman said that this would also affect people on Medicare Plan D as the cost increases get passed on to its members.

To help contain the drug price hikes AARP is supporting a bill in Congress, which will permit the import of drugs from Canada and other western countries.

David Sloane, AARP's senior managing director of government relations said in a prepared statement that for the first time a bill of this nature has received widespread support .It would allow safe and legal import of drugs.

The executive director, Sharon Treat of the National Legislative Association on Prescription Drug Prices, a nonpartisan, nonprofit group founded by state legislators to make prescription drugs more affordable and accessible to Americans, said that the price increases are unjustified.

She felt that the people and the government were being ripped off and added that the Medicare Plan D seems to have spurred on the price increase. Under this plan the federal government cannot negotiate the prices of the drugs, which has resulted in a situation where reduction in the prices is not a priority.
'"/>




Related medicine news :

1. Variations In ingredients From Brand to Brand
2. Drinking Brandy Is Good For Health
3. Marketing of Low Tar Cigarette Brand by BAT Unethical
4. New Research Reveals How We Process Brands And Products
5. Big Brands Ensure Lasting Influences In Dietary Choices.
6. Brain Responds Better to Name Brands
7. Salmonella Contamination Suspected In A Brand Of Fresh Spinach
8. Some Brands of Ready Meals Recalled After Glass Scare
9. Two Brands of Pesto Recalled in Quebec, Ontario
10. Drug Companies May Be Penalize For Overcharging NHS Tax Payers Money on Branded Drugs
11. Ark Land Brand Bottled Water Faces a Bottleneck
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:3/30/2021)... , ... March 29, 2021 , ... ... the 21st Century , A Virtual Workshop Presented by WCG FDAnews and Cerulean ... 4:30 pm EDT, https://wcg.swoogo.com/modern-sop-and-quality-systems , Are one’s SOPs written for the ...
(Date:3/30/2021)... ... March 29, 2021 , ... According to data released ... reproductive age (13-44) in need of publicly funded contraception live in counties impacted by ... Colorado’s 64 counties have lost some of their Title X resources. , The ...
(Date:3/30/2021)... ... March 29, 2021 , ... Health Literacy Innovations (HLI), a ... confusion due to low health literacy today announces a new partnership with the ... work with ACAP’s member Safety Net Health Plans, those that provide comprehensive health ...
(Date:3/30/2021)... ... ... Dr. Colin Campbell is proud to announce the 1 year anniversary in their new state ... internal medicine and is a primary care specialist who has been practicing for 23 years. ... keep South Jersey healthy one patient at a time. , “Over the past year, Dr. ...
(Date:3/30/2021)... ... March 30, 2021 , ... The COVID-19 ... and survivors; their families; and their caregivers. Crossroads4Hope is addressing the needs of ... emotional support system, MyGo2Support, which meets needs of people impacted by cancer, no ...
Breaking Medicine News(10 mins):
(Date:3/30/2021)... ... March 29, 2021 , ... The University of Texas Health Science Center ... San Antonio Multispecialty and Research Hospital, a destination center for research and treatment of ... In a nod to the COVID-19 pandemic, the ceremony was held virtually. , William ...
(Date:3/30/2021)... ... March 29, 2021 , ... Iora Health ... primary care, has partnered with Devoted Health , one of the fastest-growing ... across Maricopa County and provides seniors with the highest-quality care and experience possible, ...
(Date:3/30/2021)... CITY (PRWEB) , ... March 29, 2021 , ... ... has joined the Vaccine Credential Initiative (VCI), a group bringing together leading health ... record of vaccination status, based on open, interoperable standards. By joining the VCI ...
Breaking Medicine Technology: