Will Drug Prices Affect Patients’ Adherence?
A new poll released by the American Hospital Association says that seven out of every ten Americans believe that prescription drug costs are unreasonably expensive.
While healthcare costs have always been debated in America, another topic related to the costs of prescription drugs is maybe more worrisome: the rise in the cost of generic drugs, and whether that increase will have an effect on patients’ adherence to their treatments. As healthcare reform continues to take shape in America, more and more people are learning to deal with insurance companies—and about their own financial responsibilities. As this plays out, many experts in the field believe these increases will lead patients to simply stop refilling their prescriptions, or perhaps take them less frequently than advised. Both situations could lead to more significant declines in the health of these patients.
You can read more about the hike in generic drug prices in this article.