THE ENCLOSED SLIDES ARE FREE FOR PUBLIC USE DECEMBER 2015 ACHP Drug Cost Chart Pack.

Slides:



Advertisements
Similar presentations
Figure 1. Communities that have the highest medical cost burdens have high uninsured rates as well as large numbers of insured residents with high medical.
Advertisements

MEDICAID REDESIGN – IDAHO What it would mean for Idahoans with disabilities. Presented by:
Idaho Hospital Association 2013 Economic Outlook & Revenue Assessment Committee 1.
Medicaid Redesign Better for Idaho’s taxpayers, businesses, and patients.
The Medicare Drug Discount Card: A public-private partnership July 28, 2004 Grace-Marie Turner Galen Institute.
The Affordable Care Act Reduces Premium Cost Growth and Increases Access to Affordable Care Before ACA, Small Employers Faced Many Obstacles to Covering.
Innovations: Using a Clinical Pharmacist as a Vehicle for Successful P4P Outcomes Lisa Meland, B.S., PharmD. Helen Pervanas, R.Ph. WellPoint-WellPoint.
MEDICARE: PAST, PRESENT AND FUTURE James G. Anderson, Ph.D. Department of Sociology & Anthropology.
MEDICARE: PAST, PRESENT AND F UTURE James G. Anderson, Ph.D. Department of Sociology & Anthropology.
The Tattered Safety Net James G. Anderson, Ph.D. Purdue University.
Major Health Issues The Affordable Healthcare Act.
Patient Protection and Affordable Care Act: Timeline for Implementation Commissioner Kim Holland Oklahoma Insurance Department.
The Affordable Care Act What It Means for You Marcia H. Salkin Managing Director, Legislative Policy NAR Government Affairs.
The Facts About Rising Health Care Costs.
 You pay a premium into an insurance pool. In the event that you are sick or injured, the insurance policy pays all or part of your medical expenses.
© 2005 National Mental Health Association The Medicare Drug Benefit: What Is It and What Does it Mean for Mental Health? Get Educated, Get Enrolled An.
Return to KaiserEDU Tutorials
Authorized Generics: Good For Everyone (Even Generics) Jerome A. Swindell Senior Counsel.
Association Insurance Cooperative PPACA 2013 – 2014 Summary Handouts: Click HereClick Here.
A Few Facts 1.Federal spending in FY 2000 and 2001 as a percent of GDP is the lowest since Federal government spending (not including social security,
Why Obamacare isn’t enough The case for Single Payer David S. Ball RN, MHA Co-Founder Healthcare for All -SC.
© 2005 National Mental Health Association The Medicare Drug Benefit: What Is It and What Does it Mean for Mental Health?
1 Patient Protection and Affordable Care Act Cheri D. Green This Presentation is not designed or intended to provide legal or professional.
The Affordable Care Act Early Impacts. The main provisions of the law do not launch until However, a lot of change has taken place. Dependent Coverage:
Current tax laws Under current tax law, health insurance premiums are largely tax exempt if the insurance is provided through an employer. The share of.
Role of Industry in Clinical Care, Research and Education Rev 10/21/2014 APGO Interaction with Industry: A Medical Student Guide.
NEW MEXICO STATE COVERAGE INITIATIVE New Mexico Human Services Department June, 2004 Carolyn Ingram, Director Medical Assistance Division.
V. Finkelshteyn Economics Personal Finance #3
Healthcare Reform MDI Rotary September, Mount Desert Island Hospital Agenda The Problem Health Reform Bill Outstanding Issues / Challenges Questions.
Medicines Differentiation Analysis Multiple Sclerosis 18 January 2011 Mary Perkins Expected Launch Date: 3/31/2013.
President Obama’s Health Care Plan A Plan for America.
Agribusiness Library LESSON: HEALTH INSURANCE. Objectives 1. Determine the function of health insurance, and define common health insurance terms. 2.
U.S. Drug Costs Dropped in 2012, but Rises Loom Katie Thomas The New York Times March 18, 2013
Take Five to Understand! 1. Eat Healthier Eating fewer calories and cutting down on saturated fat and carbohydrates can help lower weight, blood glucose.
The Patient Protection and Affordable Care Act Our Healthcare Reform Law Why do we need it? What does it do for us?
Managed Care & Health Care Reform Cost of Health Care $2.4 trillion in 2008 ($7.900 per person) 17% of GDP US 10.9% Switzerland 10.7% Germany 9.7% Canada.
The New Medicare Prescription Drug Benefit: An Overview Prepared by: Michelle Kitchman, M.H.S. Kaiser Family Foundation For the: California Senate Health.
Reforming Health Care: Making Sense of Health Care Finance amid Growing Underinsurance Leonard Rodberg, PhD Urban Studies Dept., Queens College/CUNY Prepared.
Ian D. Spatz Merck & Co., Inc. January 14, 2004 Ian D. Spatz Merck & Co., Inc. January 14, 2004 Overview of the New Medicare Prescription Drug Law.
April 12, REVISED 1 Catamount Health Financial Facts Under the Senate Bill Kenneth E. Thorpe Emory University.
+ Role of Industry in Clinical Care, Research, and Education.
State Fiscal Policy and Job Creation Laurel Lucia UC Berkeley Center for Labor Research and Education September 2011
MEDICARE PART D July MEDICARE PART D: OVERVIEW Part D provides prescription drug coverage for Medicare beneficiaries. Prescription drug plans compete.
Growth in prescription spending had slowed, but increased rapidly in 2014 and 2015 Average annual growth rate of prescription drug spending per capita.
Health Reform: An Overview Unit 4 Seminar. The Decision The opinions spanned 193 pages, upholding the individual insurance mandate while reflecting a.
3 - 1 Introduction to Health Care HS230 Health Care Administration Kaplan University Unit 3 Chapter 3 & Chapter 4 Kathy Lantz, MHS, MBA.
The Cost of Health Insurance Coverage in New York James R. Tallon, Jr. United Hospital Fund October 25, 2005.
Source: Kaiser Family Foundation analysis of National Health Expenditure (NHE) Historical ( ) data from Centers for Medicare and Medicaid Services,
Connecticut Pharmaceutical Forum: Access, Affordability, and Better Health Tara C. F. Ryan May 17, 2016.
Medicaid Influence in the Drug Market Dana Costea PhD student, Department of Economics, Lehigh University Franklin Carter Assistant Professor, Marketing.
State of the States Brian Sigritz Director of State Fiscal Studies NASBO NASACT Middle Management April 12, 2016.
THE NEW YORK HEALTH ACT: Single Payer Health Care for New York State May 2016.
Peterson-Kaiser Health System Tracker What are the recent and forecasted trends in prescription drug spending?
Emerging Payment Models In Response To Purchaser Needs Or What Happens When Folks Are Fed Up François de Brantes Executive Director Health Care Incentives.
Out of Pocket Burdens for Health Care: Insured, Uninsured, and Underinsured Jessica Banthin, Ph.D. September 23, 2008.
THE ENCLOSED SLIDES ARE FREE FOR PUBLIC USE DECEMBER 2015 ACHP Drug Cost Chart Pack.
Congress Considers Major Medicaid Changes
Growth in prescription spending had slowed, but increased rapidly in 2014 and 2015
Medicare Household Spending Non-Medicare Household Spending
The U.S. Health Care System: An International Perspective
New Opportunities in Medicare
Healthcare Policies in GCC: Challenges and Future Directions:
Exhibit 1 The Number of Uninsured Adults Dropped to 23 Million in 2016, Down from 37 Million in 2010 Adults ages 19–
Growth in prescription spending had slowed, but increased rapidly in 2014 and 2015
Prescription drug prices: Recent trends and opportunities for change
ACHP Drug Cost Chart Pack
President Bush’s Health Plan
Diabetes econonomy2 Amini Masoud 1397.
How much is health spending expected to grow?
Presentation transcript:

THE ENCLOSED SLIDES ARE FREE FOR PUBLIC USE DECEMBER 2015 ACHP Drug Cost Chart Pack

The Spike in Drug Costs Advancements in pharmaceuticals can result in drugs that offer fewer side effects, improve a patient’s quality of life and save lives, but what if not everyone can afford them? THERE’S ENORMOUS PRESSURE ON….. Consumers and their families, who may be faced with the difficult choice between paying for MS medications and other necessities. Employers, who may be forced to make cuts to their overall benefits package in order to fund rising health care costs. Health care providers, who treat an increase in disease-related complications due in part to non-adherence to costly medications. Health plans and other payers, who want to ensure people get the right drugs and keep coverage affordable. Federal government, which is bearing an ever-growing share of the costs of these drugs, placing increasing pressure on the federal budget.

The Spike in Drug Costs: Diabetes GENERAL STATISTICS: 1 in 11 people in the U.S. has diagnosed or undiagnosed diabetes. This is expected to increase to 1 in 3 people by The cost of diagnosed diabetes in 2012 was $245 billion.

The Spike in Drug Costs: Diabetes Primarily because of escalating drug costs, spending on insulin and other diabetes medications is expected to rise 18.3 percent over the next three years, a rate of increase 60 times greater than the recent income growth average of just 0.3 percent across all households.

The Spike in Drug Costs: Diabetes 5 Diabetes Drugs with Significant Percent Price Changes Over Five Years (3/1/2010 – 2/28/2015) Source: Medi-Span® Price Rx®. Figures reflect wholesale acquisition cost. Note: Price modifications will alter the values reflected above.

The Spike in Drug Costs: Multiple Sclerosis GENERAL STATISTICS: Multiple Sclerosis (MS) affects at least 400,000 people in the United States and more than 2.5 million globally. MS drugs help people manage their condition and enhance their comfort and quality of life. The cost of taking MS drugs can span a lifetime. There is currently no cure for MS.

The Spike in Drug Costs: Multiple Sclerosis Lemtrada, approved for sale in the U.S. in 2014, has a two-year course of treatment estimated at $158,000.

The Spike in Drug Costs: Multiple Sclerosis 8 MS Drugs with the Highest % Price Changes Since Launch for a 30-Day Supply *Date listed is the first instance of available pricing data in Medi-Span® Price Rx®. The true launch date is earlier than that listed. Source: Medi-Span® Price Rx® and Figures reflect wholesale acquisition cost. Note: Price modifications will alter the values reflected above.

The Spike in Drug Costs: Multiple Sclerosis First-generation MS drugs, originally costing $8,000 - $11,000 per year, can now exceed $60,000 per person per year.

The Spike in Drug Costs: Multiple Sclerosis

The new 40 mg dose of the widely prescribed drug Copaxone costs $5,0086 a month, yet shows no gain in efficacy over the 20 mg dose.