Why Are Your Prescriptions So Expensive?

Available for Interviews: Dr. Reagan B. Anderson

Dr. Anderson is the author of Universal Death Care: A Solution for Healthcare in the Age of Entitlement. Dr. Anderson was a combat doctor in Iraq, and has since run a successful medical clinic in the U.S. He wrote this book because he is tired of profit-driven policies that don’t support American’s health. For this reason, Anderson has dedicated his life to changing healthcare in America.

What Dr. Anderson Can Say in an Interview About :

Medical bankruptcies are the most common reasons for bankruptcy in the USA and have been so for decades. This affects over 500,000 households each year in the USA! The rising cost of prescriptions is partially to blame for this epidemic and many people, about 8% do not take their medications as prescribed due to cost. This causes more disease, disability, and suffering as they are not receiving the necessary treatment.

      • On average, the USA spends between 30-190% more on prescriptions than other wealthy countries like Canada, France, Germany, Sweden, Switzerland and the UK.
      • We consume about the same per capita as other wealthy nations but pay a lot more. Depending on insurance, much of the cost is paid by the patient instead of insurance.
      • 84% of prescriptions in the USA are generics (more than any other country other than a tie with the UK) but at least 20% of generics have recently skyrocketed in price 2010-2015. 
      • Thousands of negotiations are partially to blame. Medicare pays for about 25% of all prescriptions but is not allowed to negotiate prices due to Medicare Modernization Act of 2003. 92% of Americans agree that Medicare should price negotiate (only DOD, Medicare Advantage and VA can negotiate now).
      • People using at least one prescription in the last 30 days – 48.4%, 3 or more in the last 30 days – 24%, 5 or more in the last 30 days – 12.6%.
      • 2.9 billion drugs ordered or provided per year.
      • 73.9% of physician visits involve drug therapy.
      • Physicians get paid more when they prescribe drugs than when they do not.

Pharmaceutical companies consider it reasonable if they only raise their prices 10% or less a year! That means that the price for medication doubles every 7.2 years even though it costs the company less every year to produce it. This is unsustainable and part of the reason medicine is fracturing.

 

Interview: Dr. Reagan B. Anderson

Dr. Reagan Anderson is an Osteopathic Doctor (DO) who specializes in general Dermatology and in Mohs Micrographic Surgery for the treatment of skin cancer. Dr. Anderson moved to Vancouver, British Columbia where he attained his Bachelor of Science and Biology from the University of British Columbia and a Master of Christian Studies degree from Regent College. Dr. Anderson was then invited to attend the founding Osteopathic Medical School, Kirksville College of Osteopathic Medicine.

Upon matriculation, Dr. Anderson was commissioned in the United States Navy where he spent the majority of his time serving the United States Marine Corps as the First Reconnaissance Battalion Surgeon. Dr. Anderson states, “Over the five years I spent in the U.S. Navy, it was my distinct honor to serve the medical needs of the military men and women of our great country. This experience, particularly my tours in Iraq where I treated U.S. and coalition military members as well as Iraqi civilians, gave me extensive experience in recognizing and treating the underlying causes of dermatologic conditions.”

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