Price escalation and Drug prices in Healthcare
Esaay Instructions:
*7 pages minimum length (double-spaced, no larger than 11 font)
* All research must be cited – at least 4 sources. This can be peer reviewed journal and reputable sources such as Health Affairs, Kaiser Family Foundation, Harvard Press, Beckers Hospital review, etc.
* You may use any citation format that you prefer.
* All of the papers must be research-based papers – this means that you must include data and analysis. There should not be any anecdotal material in your paper.
What the Essay is About:
Cost, Access and quality are the cornerstones to measuring the success of a healthcare system.
In the United States, hospital bills and exorbitant drug prices inhibit people from accessing care and taking their medications.
Please look at these two issues and answer BOTH questions:
1. Price escalation in hospitals is largely due to consolidation of hospital systems. Please discuss the impact of hospital mergers on both providers and consumers.
2. Drug prices: The United States has just over 4 percent of the world’s population, and yet it accounts for nearly half of global drug spending. On average, the United States spends $1,443 per person a year on drugs. This cannot be explained by utilization; the difference is the drug prices we pay. Why are we paying more? Take a look at the reasons behind the costs. Make sure to include PBMs (Pharmaceutical Benefit Managers) and what other countries do to negotiate drug prices.
