2002
DOI: 10.1097/00126450-200203000-00004
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Health Care Reform and the Pharmaceutical Industry

Abstract: For the past 30 years, the largest growing segment of the United States economy is the health care industry. The United States is in a transitional period as American citizens born between 1946 and 1964, the Baby Boomer generation, reach retirement age. In recent years, pharmaceutical costs have been rising faster than the inflation rate, leaving the American public to ask many questions. A major area of interest to policymakers regarding the health care reform agenda is patient spending on pharmaceutical item… Show more

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Cited by 7 publications
(4 citation statements)
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“…Over the past few years, the diagnostic thresholds for several common medical conditions have been lowered, resulting in a substantial expansion in the market for health care (36,53). For example, the most recent guidelines for high cholesterol (32) and high blood pressure (21) each define most of the older adult population as in need of regular medical attention.…”
Section: Changing Disease Definitionsmentioning
confidence: 99%
“…Over the past few years, the diagnostic thresholds for several common medical conditions have been lowered, resulting in a substantial expansion in the market for health care (36,53). For example, the most recent guidelines for high cholesterol (32) and high blood pressure (21) each define most of the older adult population as in need of regular medical attention.…”
Section: Changing Disease Definitionsmentioning
confidence: 99%
“…For most of these conditions, an expensive pharmaceutical product is available with treatment costs approaching US$3/day. For older adults with a multiple diagnoses, the costs of medications may exceed the cost of food (Liberman & Rubinstein, 2002). In order to address the policy issues, we need to understand the impact of lowering diagnostic thresholds upon population health status and healthcare costs.…”
Section: The Cost Problemmentioning
confidence: 99%
“…In Ger many, costs for ambulatory pre scrip tions ex ceeded 24 bil lion Euro in 2003 and this is a re cord num ber in both ab solute and rel a tive terms [Schwabe 2004]. Patients could save about 10 -30% by pur chasing ge neric drugs as op posed to brand-name drugs [Liberman and Rubinstein 2002]. German statu tory health in sur an ces could save another 1.5 bil lion Euro if the po ten tial of ge neric pre scrib ing was ex ploited to the full [Nink and Schröder 2004].…”
Section: Introductionmentioning
confidence: 99%