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David Chelnick The Iron Grip of Pharmaceutical Companies
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Ask your doctor about…
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How do drug companies influence doctors & patients, and what can be done?
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Although legislation exists to disclose financial relationships, additional regulation is required to mitigate the adverse affects of over-prescribing drugs.
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Overview 2134 1.Drug companies’ power over doctors 2.Drug companies' power over patients 3.Consequences of over-prescribing 4.How to resolve the issues at hand
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Vicious Cycle Doctors and patients want prescriptions Drug companies make $$$ Drug Companies promote drugs
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Influence on the Physician 2134
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Pharmaceutical Companies' Influence 25% of doctors are paid by drug companies for lectures and endorsements
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Pharmaceutical Companies' Influence 66% of doctors receive free meals from drug company representatives
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Disclosure… Sunshine Sunshine Laws The Patient Protection and Affordable Care Act (PPACA) “Obamacare”
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Sunshine Laws Obama Administration: 1,100 –About 1,100 drug and device makers must report payments to doctors –$10,000 fine
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Disclosure so far…? $761.3 million As of April 2012
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$31,647,101 Nexium Crestor Symbicort
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$85,263,683 Advair Paxil Zofran
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$176,247,405 Celebrex Lipitor Lyrica Viagra
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Influence on the Patient 21 34
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Power over the patient 33% of patients who have seen ads have spoken to their doctor about an advertised drug.
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Of those consumers, 28% asked for prescriptions Power over the patient
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80% of such requests were granted
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Consequences of this relationship 213 4
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Up to 60% of all prescriptions in the U.S. are written for drugs being used in a fashion other than their approved purpose Journal of the American Medical Association:
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Antibiotics… 20% are prescribed for sinus infections (viral or bacterial)
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Be careful! More antibiotics= more antibiotic resistant bacteria
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Dr. Margaret Chan, director general of the World Health Organization: “This will be a post-antibiotic era…things as common as strep throat or a child’s scratched knee could once again kill”
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Can we solve our problems? 213 4
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A simple solution More regulation of money given to doctors by drug companies
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Continue to disclose any financial relationships (At least keep this part of the healthcare bill!) A simple solution
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If we must… Regulate prescribing doctors A simple solution
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Talk to your doctor…
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