Friday, May 10, 2019

Current Health Care Economic issue - Prescription drugs Essay

Current Health Care Economic issue - prescription medicine drugs - Essay ExampleThe paradox is that though there are much quality drugs produced and life foreboding pro pertinacioused, the results are that the government spends billions of dollars annually to keep the pharmaceutical sector thriving. This is occasioned by the fact that the patients need more of these prescription drugs year in year out creating a dependency chain. So, the question is who actually pays for this medical examination progress?Economists argue that despite Americans willingness to pay for health insurance premiums and the government doing its part by drop down the tax payers money into more research and innovation, the overall results are inversely related to the efforts in the long run. Drugs that derail hospital admissions, curtail proposed surgical operations signify pharmaceutical are an economical succeeder in the short run (Mark, 2006). When these procedures are to take place later, however, th ese prescription drugs are purely a waste of resources due to the added overheads. Regardless of the medical care inflation costs, pharmaceutical care economics is thence a broad area with disparate approaches as per the diverse areas. For example, chronic illnesses will have different costs as compared to other

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