'Health Care Project Essay\r'

'Team B has chosen ethical dose drug medicine(prenominal) medicates for our wellness c ar reform final cause and how our current economic status is influenced. We go away give ideas and solutions to show how to decrease the drug pricing. Ways that can be utilise toward a solution. Pharmaceutical company’s need to amend their business practices from a last profit, execrable development ride to a moderate profit, moderate to high development model. Structures and regulation that will condone the competition, barriers to entry, and regulations. Taking a look at drug pricing from different perspective, the like personify, research, and development, marketing, and the manufacturing of pharmaceutical drugs.\r\nThe Monopoly of pricing who is involved, and the curves associated with it. Price secretion how it changes who’s involved and what the criteria are for groups as well as pricing for individuals. How cost of co stipends differ from brand name calling to g eneric and how the drug formulates come into play. How to shake off the system work for everyone that will substance to higher than just a 30-day come out, chemists assistance programs, local charity programs, and low income opportunities. Better ways to enforce actual legislation, vote in new legislation, and dictate prices across the board. The above affects the insured and non-insured American’s. For most American households, paying for wellness care to include prescription medicine drug drugs and wellness check bills has been one of the hardest financial strains out there.\r\n check to a report published by (Consumer Reports, 2012), legion(predicate) take for cut okay on opposite household expenses or taken potentially dangerous measures with their health to afford their medicines. The most affected universe of discourse is the working-age Americans who do not have prescription drug indemnity coverage. More than half of the hatful who completed the surv ey put across by Consumer Reports took one or much prescriptions had to reduce other household expenses or make changes in how the general population manage their finances. These reductions included how much they pass on on their groceries, entertainment, activities with the family, and using their credit tease to purchase medications. The problem was more(prenominal) exacting with younger people than elderly people age 65 and older. â€Å"84 pct of them said they had to resort to such measures” (Consumer Reports, 2012) as previously listed. Prescription drugs or fracture yet the cost of prescription drugs is a discussion in the country of importance.\r\nThe deck out of the cost of prescription drugs is of important to many people in the United States and plays a long role in the economic science of health care. The elevated pricing of prescription drugs has become a focal bear witness of politics and in need of approximately governance. Even though healthcare and prescription drugs are seen as a secluded sector issue, the discussion of some socialist measures put into place is a clear need for the sparing. Some of those ideas include price-capping expensive drugs and even 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 consume of a socialist healthcare system. The before long health care system with health care reform has caused confusing for consumers. legion(predicate) people are struggling to pay for the high cost of medication they are on.\r\nSome of the patients have to take a different type of medication, which is called alternative medication because their insurance denied paying for it in add-on; the process t o get approval from insurance takes longer time and more paperwork backbone and forth from doctors and insurance companies. In reality, health care consumers are the victims, they suffer from their medical checkup illnesses, and they suffer for the high cost of prescription drugs. Health care reform in theory is helping more than forty million people to have health coverage, the demand curve shifts to the right. The important case 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 buy medication from online market, which may cause disconsolate health than curing purpose.\r\n'