Skip to content
  • About
  • Contact
  • Contribute
  • Book
  • Careers
  • Podcast
  • Recommended
  • Speaking
  • All
  • Physician
  • Practice
  • Policy
  • Finance
  • Conditions
  • .edu
  • Patient
  • Meds
  • Tech
  • Social
  • Video
    • All
    • Physician
    • Practice
    • Policy
    • Finance
    • Conditions
    • .edu
    • Patient
    • Meds
    • Tech
    • Social
    • Video
    • About
    • Contact
    • Contribute
    • Book
    • Careers
    • Podcast
    • Recommended
    • Speaking

Skyrocketing prescription prices force patients to skip meds

Michael Munger, MD
Meds
November 10, 2016
Share
Tweet
Share

A 67-year-old patient, whom I’ll call Herb, recently came to see me for a check-up for his diabetes. He has suffered from complications from diabetes in the past, and his most recent numbers — including his A1c — were poor.

I sat down to talk with Herb, but before I could say anything, he got straight to the point. Herb lives on a fixed income. Although he has Medicare coverage, his out-of-pocket cost for insulin is $400 a month. He knew his A1c would not be good.

“I can’t afford my insulin,” he said. “I haven’t had it in six weeks.”

And no wonder. Since 2001 the wholesale price of a vial of Lantus has spiraled 513 percent, and the cost of a vial of the short-acting insulin lispro ballooned 585 percent — from $35 to $234.  During the same time, the price of a vial of human insulin rose 555 percent, from $20 to $131. Between 1987 and 2014, the wholesale price of a vial of Humulin U500 — used by more and more people with diabetes — rose from $170 to $1,200

Herb is not alone in his dilemma. Prices for a host of brand-name and generic prescription drugs have skyrocketed. The widely used antibiotic doxycycline hyclate soared from $20 for 500 capsules in October 2013 to $1,849 in April 2014. The cholesterol medication pravastatin sodium surged from $27 to $196 for a one-year supply.

Like far too many seniors, Herb was faced with a tough decision, and he opted not to adhere to recommended treatment.

Without corrective action, the problem is likely to get worse. Ten years ago, four percent of U.S.  workers had high-deductible plans through their employers, according to the Kaiser Family Foundation. Today, one in four workers have such plans — a troubling trend because we know that patients with high-deductible plans are more likely to delay or skip recommended care.

Family physicians are very concerned about this complex patient care issue. Delegates at the recent American Academy of Family Physicians Congress of Delegates adopted an amended resolution that took aim at the skyrocketing price of EpiPens. They directed the Academy to call on the FDA and Congress to “establish mechanisms to prioritize and fast-track competitive drug options for widely used life-saving or life-sustaining drugs that may be subject to monopoly power.” They also referred to the Board a resolution advocating for prescription drug cost-saving measures for Medicare.

According to a recent Kaiser Family Foundation poll, nearly 90 percent of Americans think drug companies should be more transparent about how they set prices, more than 80 percent think the federal government should be allowed to negotiate with manufacturers for better drug prices for Medicare beneficiaries, and nearly 80 percent think prescription drug prices are unreasonable.

The medical community agrees. Working together, organizations representing physicians, hospitals, nurses, patients, insurers and pharmacists are addressing the causes of high drug prices. The medical community is advocating for our patients by calling on Congress and other stakeholders to find a solution that will allow our patients affordable access to the medications they need.

Michael Munger is president-elect American Academy of Family Physicians. This article is adapted from the AAFP Leader Voices Blog.

Image credit: Shutterstock.com

Prev

Flash sale: A $49 colonoscopy

November 10, 2016 Kevin 1
…
Next

Dear future doctor: Remember what it feels like to be a patient

November 10, 2016 Kevin 0
…

ADVERTISEMENT

Tagged as: Medications

Post navigation

< Previous Post
Flash sale: A $49 colonoscopy
Next Post >
Dear future doctor: Remember what it feels like to be a patient

ADVERTISEMENT

Related Posts

  • Patients alone cannot combat high health care prices

    Peter Ubel, MD
  • Are patients using social media to attack physicians?

    David R. Stukus, MD
  • How to help your patients understand antibiotic stewardship

    Greg Gafni-Pappas, DO
  • When Western medicine fails patients and clinicians

    Kimberly Rogers, MD
  • You are abandoning your patients if you are not active on social media

    Pat Rich
  • Cancer patients who want to take unproven supplements

    Marc Braunstein, MD, PhD

More in Meds

  • Are you neurodivergent or just bored?

    Martha Rosenberg
  • Pharmacy benefit manager reform vs. direct drug plans

    Leah M. Howard, JD
  • A cautionary tale about pramipexole

    Anonymous
  • My persistent adverse reaction to an SSRI

    Scott McLean
  • Tofacitinib: a lesson in heart-immune health

    Larry Kaskel, MD
  • The case for regulating, not banning, kratom

    Heidi Sykora, DNP, RN
  • Most Popular

  • Past Week

    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Finding your child’s strengths: a new mindset

      Suzanne Goh, MD | Conditions
    • A new vision for modern, humane clinics

      Miguel Villagra, MD | Physician
    • The night of an impalement injury surgery

      Xiang Xie | Conditions
    • Medicine’s silence on RFK Jr. [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • The dismantling of public health infrastructure

      Ronald L. Lindsay, MD | Physician
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The difference between a doctor and a physician

      Mick Connors, MD | Physician
    • Silicon Valley’s primary care doctor shortage

      George F. Smith, MD | Physician
  • Recent Posts

    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Why bad math (not ideology) is killing DPC clinics [PODCAST]

      The Podcast by KevinMD | Podcast
    • Glioblastoma immunotherapy trial: a new breakthrough

      Hoag Memorial Hospital Presbyterian | Conditions
    • Did the CDC just dismantle vaccine safety clarity?

      Ronald L. Lindsay, MD | Policy
    • New autism treatment guidelines expand options for families

      Carrie Friedman, NP | Conditions
    • Why visitor bans hurt patient care

      Emmanuel Chilengwe | Education

Subscribe to KevinMD and never miss a story!

Get free updates delivered free to your inbox.


Find jobs at
Careers by KevinMD.com

Search thousands of physician, PA, NP, and CRNA jobs now.

Learn more

View 2 Comments >

Founded in 2004 by Kevin Pho, MD, KevinMD.com is the web’s leading platform where physicians, advanced practitioners, nurses, medical students, and patients share their insight and tell their stories.

Social

  • Like on Facebook
  • Follow on Twitter
  • Connect on Linkedin
  • Subscribe on Youtube
  • Instagram

ADVERTISEMENT

ADVERTISEMENT

  • Most Popular

  • Past Week

    • Direct primary care in low-income markets

      Dana Y. Lujan, MBA | Policy
    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Finding your child’s strengths: a new mindset

      Suzanne Goh, MD | Conditions
    • A new vision for modern, humane clinics

      Miguel Villagra, MD | Physician
    • The night of an impalement injury surgery

      Xiang Xie | Conditions
    • Medicine’s silence on RFK Jr. [PODCAST]

      The Podcast by KevinMD | Podcast
  • Past 6 Months

    • Why you should get your Lp(a) tested

      Monzur Morshed, MD and Kaysan Morshed | Conditions
    • Rebuilding the backbone of health care [PODCAST]

      The Podcast by KevinMD | Podcast
    • The dismantling of public health infrastructure

      Ronald L. Lindsay, MD | Physician
    • The flaw in the ACA’s physician ownership ban

      Luis Tumialán, MD | Policy
    • The difference between a doctor and a physician

      Mick Connors, MD | Physician
    • Silicon Valley’s primary care doctor shortage

      George F. Smith, MD | Physician
  • Recent Posts

    • Why toys matter in the exam room

      Diego R. Hijano, MD | Conditions
    • Why bad math (not ideology) is killing DPC clinics [PODCAST]

      The Podcast by KevinMD | Podcast
    • Glioblastoma immunotherapy trial: a new breakthrough

      Hoag Memorial Hospital Presbyterian | Conditions
    • Did the CDC just dismantle vaccine safety clarity?

      Ronald L. Lindsay, MD | Policy
    • New autism treatment guidelines expand options for families

      Carrie Friedman, NP | Conditions
    • Why visitor bans hurt patient care

      Emmanuel Chilengwe | Education

MedPage Today Professional

An Everyday Health Property Medpage Today
  • Terms of Use | Disclaimer
  • Privacy Policy
  • DMCA Policy
All Content © KevinMD, LLC
Site by Outthink Group

Skyrocketing prescription prices force patients to skip meds
2 comments

Comments are moderated before they are published. Please read the comment policy.

Loading Comments...