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:8/16/2019)... ... August 16, 2019 , ... Dr. ... joined the esteemed Haute Beauty Network. , The Haute Beauty Network, well known ... Dr. Arnaoutakis as a hair restoration expert and our newest addition to the ...
(Date:8/15/2019)... , ... August 15, 2019 , ... ... , "The deadline for family planning clinics to provide written assurance that ... August 19. Similar to the Global Gag Rule, the new policy restricts ...
(Date:8/14/2019)... (PRWEB) , ... August 14, 2019 , ... ... and Care Team Assistant support, has earned a place on the Inc. magazine ... Inc. 500|5000 inclusion marks nearly a decade of ScribeAmerica’s recognition as one of ...
(Date:8/14/2019)... ... August 13, 2019 , ... In a recent Trivedi Effect workshop, ... in your belief systems. , “Doubt can obliterate your old beliefs,” said Master Dahryn. ... examining them to expand your understanding and your awareness. Trust that the Divine has ...
(Date:8/12/2019)... ... August 12, 2019 , ... Eco Pump Services ... Pembroke Pines, Florida 33027. For over 25 years, Eco Pump Services has served customers ... septic tank pumping services . Eco Pump’s steady five-star ratings and excellent customer reactions ...
Breaking Medicine News(10 mins):
(Date:8/14/2019)... NORTH ANDOVER, Mass. (PRWEB) , ... August 14, ... ... North Andover, Massachusetts, is continuing its research and development of its drug platform ... War Illness (GWI), ALS, and Parkinson’s disease among others. Overwhelming data from multiple ...
(Date:8/14/2019)... ... August 14, 2019 , ... The Memorial Sports Medicine ... athletic trainers for its sports programs. , As part of the agreement, ... , The school currently has eight team sports and nearly 150 athletes ...
(Date:8/14/2019)... CLEVELAND (PRWEB) , ... August 15, 2019 , ... Author ... “ Inside Incest ” (published by Balboa Press) and provides survivors with information about ... abuse have been part of Garner’s caseload as a psychotherapist for 36 years and ...
Breaking Medicine Technology:
Cached News: