HOME >> MEDICINE >> NEWS
Lower drug prices could eliminate coverage gap in Medicare prescription drug plan

Medicare could eliminate the coverage gap in its prescription drug benefit if it paid pharmaceutical prices comparable to those paid by citizens of Canada, the United Kingdom and France, according to a report by researchers from the Johns Hopkins Bloomberg School of Public Health and Pennsylvania State University. In their report, the authors propose that the amount paid for drugs in Canada, the United Kingdom and France is a reasonable international benchmark for pharmaceutical prices in the United States and is similar to the level of price discount necessary to eliminate the so called "doughnut hole" in the coverage gap and still keep Medicare spending at the same level. However, the potential impact of manipulating drug prices in the U.S. could decrease the funds drug companies invest in research and development, which may limit the number of new drugs introduced into the market. The study, "Doughnut Holes and Price Controls," is a July 21 Health Affairs web exclusive. The complete article is available, free of charge, at http://content.healthaffairs.org/cgi/content/abstract/hlthaff.w4.396.

The Medicare Prescription Drug, Improvement and Modernization Act of 2003 does not pay for a percentage of participants' prescription bills if they total $2,250 to $5,100. This gap in coverage is often known as the doughnut hole. The doughnut hole, according to the researchers, was designed to hold Medicare drug spending below $400 billion over a 10-year period.

Lead author, Gerard Anderson, PhD, a professor in the Department of Health Policy and Management at the Johns Hopkins Bloomberg School of Public Health, said, "Congress will have to make a choice. There is the potential for seniors to have substantially better access to pharmaceuticals, if drug prices are lowered. However, the trade-off could be that fewer new drugs would be introduced into the mar
'"/>

Contact: Kenna L. Lowe
paffairs@jhsph.edu
410-955-6878
Johns Hopkins University Bloomberg School of Public Health
21-Jul-2004


Page: 1 2 3

Related medicine news :

1. Lower level of education can impede reovery in elderly after hospitalization
2. Lower risk of death for patients who see the same doctor after hospital treatment
3. Lower temperatures improve outcomes after bypass surgery
4. Lower social class linked to increased risk of postoperative MRSA infection
5. Lowering blood pressure immediately after stroke can be harmful
6. Lowering the shoulder on bodychecking
7. Release of results of Antihypertensive and Lipid-Lowering Treatment to Prevent Heart Attack Trial
8. Lowering cancer risk in postmenopausal women
9. Lower degrees of social capital predict higher rates of sexually transmitted diseases
10. Lower dose hormone replacement therapy just as effective as often prescribed doses
11. Lower death rate in Oregon hospitals linked to better care

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:3/27/2020)... ... March 27, 2020 , ... ... unmet needs in the field of urology, today announced that Harpreet Wadhwa, M.D., ... Center of Excellence. The designation recognizes that Dr. Wadhwa has achieved a high ...
(Date:3/22/2020)... ... March 21, 2020 , ... TriageLogic, a leader ... medical organizations, and health centers can use for patient care during the COVID-19 ... medical professionals are working around the clock to implement emergency support solutions for ...
(Date:3/20/2020)... DALLAS (PRWEB) , ... March 20, 2020 , ... ... for their medical clinics. The virtual waiting room lets patients present online, complete ... place in the queue, wait for their turn, and get signaled that their clean ...
(Date:3/19/2020)... ... ... For weeks, SignatureCare Emergency Center has been preparing its emergency room staff ... while we are still short of some critical safety equipment, medical equipment and laboratory ... to be complete. , The Houston, TX based company said it has distributed over ...
(Date:3/19/2020)... ... March 19, 2020 , ... “We wanted to solve the challenges of ... Patel, Founder of Radish Health. “A reliable at home testing kit that can be ... they need in the comfort of their own home, while maintaining the health of ...
Breaking Medicine News(10 mins):
(Date:3/19/2020)... , ... March 19, 2020 , ... ... in Boston; Cleveland Clinic in Cleveland; University of Nebraska ... Denver have received accreditation as PHA Centers of Comprehensive Care (CCC) as part ...
(Date:3/16/2020)... ... ... In the wake of the COVID-19 pandemic, Curogram , the leading ... to help the containment of the global disease with its virtual clinic, two-way text ... system. , “Our goal is to minimize exposure and maximize providers’ resources during ...
(Date:3/16/2020)... ... March 16, 2020 , ... Docola ... with content available from numerous organizations. Docola enables healthcare providers and hospitals ... before, after, or between face-to-face visits or on telemedicine appointments. The platform ...
Breaking Medicine Technology:
Cached News: