Health Sciences 3400A/B Lecture Notes - Lecture 11: Canada Health Act, Prescription Drug, Epinephrine Autoinjector
Document Summary
Lecture 11 prescription drug prices and pharmacare. Total health expenditures expected to increase to ~ per person. 2nd highest cost in health care system: growing faster than any other health care component. Increased use of prescription drugs: more of the aging population, new prescription drugs for conditions/new conditions, pricing. Current issues: mylan epipen scandal, a pharmaceutical company that sells epipen"s, producers can charge whatever they deem is necessary if there is a demand for the product, or the company is not big. In 2008, was sold for , then in 2016, they increased it 500% to enough: privatized companies misuse their relationships with the government to their advantage, charged a settlement fee of million. Canada won"t see inflated epipen prices : we sell a single auto-injector for , drug policy in canada is more complex (more safe-guards) Increased price of a drug by 5500: he was sentenced to 7 years in prison due to the money he took.