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Essay / Research Paper Abstract
This 4 page paper examines prescription drugs and looks at two solutions in terms of how to address the rising costs. Generics are seen as the answer to the problem but the concept of drug buying pools is examined as well. Bibliography lists 4 sources.
Page Count:
4 pages (~225 words per page)
File: RT13_SA446drg.rtf
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Unformatted sample text from the term paper:
advertise their wares to the public. This means that commercials, which are very costly, are being put on in order to gain consumers. People who perhaps do not need these
drugs are flocking to their doctors due to the promises that the commercials carry. For example, they show people enjoying life and make it as if things are better than
ever. The answer? A pill is usually described to show that in fact, if one takes the pill, then their lives too will change. Of course, medications are not supposed
to create a happy client, but rather to relive a dysfunction. In essence, there is a lot of waste, but aside form the price of marketing, what drives the cost
of prescription drugs? Gladwell (2004) explains that Nexium--that purple pill--may be used as an example to demonstrate what is awry in the pharmaceutical industry. Big drug companies will justify
high prices and profits by suggesting that creating new medications is both risky and expensive (2004). To some extent, this is true, and everyone wants a cure
for cancer, but by and large pharmacy companies have been creating medications to improve ones mood or enhance ones sex life. The high price of drugs is not justifiable on
the basis of creating such things. Also, when using Nexium for example, one can argue that it is simply a repackaged version of an older medication (2004). These types
of situations helps to explain why the countrys prescription drug bill has risen about 17 % per year, even when considering inflation (2004). Angell, who wrote a book on
the subject, claims that drug companies are both corrupt and troubled (2004). She claims that they do in fact charge too much money and they further use deceptive practices
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