Essay On Prescription Drugs

1154 Words3 Pages

In the United States of America, prescription drugs are very high in price. People are always struggling to pay for their prescriptions. Some people work a couple jobs to pay their prescriptions. While other search for a job that has a good health plan. Many people end up working their lives away just to pay for their prescriptions. The price of prescription drugs is so high people struggle to pay for them. And the price of prescription drugs is only rising. A lot of people need their prescription just to live. Some people rely on their prescription just make it through the day. If nothing is done about this soon many people will be unable to pay for their prescriptions, and some may even die. Prescription drugs aren’t high in price for no reason. There are many …show more content…

One example, is drug manufactures get to set their own prices, for their dugs. Their prices aren’t regulated by the government Lupkin, Sydney. The government also allows pharmaceutical companies to paten their drugs for 20 years. This allows the companies to prevent competition. So they can set the price as high as they want. Also the FDA will sometimes take three to four years just to approve a generic drug. Which slows down the process of generic drugs to be sold. Pharmaceutical companies hate generics for many reasons. When two generics are made of a certain drug in lowers the price by 55%. When five generics are made it lower the price by 33%. So the companies that originally created that drug lose a lot of their profit. So these pharmaceutical companies become forced to lower their prices because of competition. In 26 states there are laws that make it difficult for generic brands to be sold. In order for a pharmacist to switch to a generic brand. They first have to get a patients consent. In

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