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Generic vs name brand drugs quiz
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“Mylan implemented double-digit price hikes for the EpiPen every other quarter,” as schools bought the EpiPens truckload after truckload (Cahill 2). Schools are now feeling the budgetary effects due to the skyrocketing costs of EpiPens. The ones who fund these programs are again, taxpayers. Mylan does offer a program that provides free EpiPens to U.S. schools. The program is called EpiPen4Schools. On the Mylan website, it states that “more than 700,000 free EpiPen Auto-Injectors have begun distribution, and more than 65,000 schools, approximately half of all U.S. schools, have participated” (Erb 3). Mylan now allows 48 states to have undesignated EpiPens in their schools. With the price inflations of EpiPens still rising, consumers look towards …show more content…
Generic versions that are offered include Mylan’s own version of their EpiPen, Adrenaclick, Auvi-Q, and the syringe and vial method. Mylan’s generic EpiPen is known as an authorized generic which can be defined as “a brand-named prescription drug - already approved as a New Drug Application by the FDA - marketed as a generic under a private label” (Pollack 2). This new version will have a price around $300.00 per two-pack, half of the price of the name-brand version. Although this price is half the name-brand, “it would still be considered triple the amount of the original listing price back in 2007” (Drake 2). Another generic to consider is Adrenaclick. Adrenaclick is like that of the EpiPen in the sense that it is also an auto-injector device. The device can be found at Sam’s Club and Walmart. With coupons, Adrenaclick is around $142.00. This device contains the same drug as EpiPens, but does not function or have the same technology. This alternative is accessible and affordable to consumers and also includes the same dosages as Mylan’s EpiPen. Auvi-Q was first approved in 2012 but recently has been recalled. The company marketing the product has since returned rights and does not …show more content…
Depending on which insurance consumers have can affect how much out of cost or co-payments consumers will have to pay. Insurance can cover either a large portion of the cost of prescriptions or eliminate the $200.00 co-payment that EpiPens require. Some insurances may be able to perform both. Adam Fein, president of the Pembroke Consulting, states that “some insurers may have negotiated deals with Mylan that end up making the brand-name cheaper than the generic” (Drake 3). If this is the case, some insurances would rather have consumers purchase the name-brand version of the EpiPen rather than the generic version that is offered. Mylan Pharmaceuticals offers a coupon that takes off up to $100.00 per prescription. This coupon is limited to only three prescriptions of two-pack cartons, however. This would leave the total of the EpiPens to $500.00 before taxes. Mylan Pharmaceuticals also offers the Mylan’s Patient Assistance Program which “allows patients, whom are without insurance, eligibility to apply for free EpiPens” (Drake 5). Mylan Pharmaceuticals now offers no-copayment fees to those who use a savings card provided by Mylan when purchasing the name-brand
Jones, John D. (2003). Developing an effective generic prescription drug program. Benefits Quarterly, 19(1): 14-18. Retrieved on January 2014 from Proquest at http://search.proquest.com.ezproxy.trident.edu:2048/docview/194951070/1431E31606748D5718A/1?accountid=28844
News and other mass media makes it quite evident that the United States has a problem with obesity. The veracity of this claim is evident in the following statistic from the Centers for Disease Control. 33% of adults and children in the United States suffer from chronic obesity (CDC, 2016). While although this issue will never totally vanish from our society, organizations such as Choose MyPlate are necessary to combat this growing epidemic that is harming the health of our nation. The primary mission of Choose MyPlate is to promote healthy eating habits as well as an overall balanced lifestyle. Examples of this include: getting proper amounts of sleep, drinking adequate amounts water, and exercising, in tandem with portion control of nutrient rich foods. While one may not
If it is that expensive, it is even worth having insurance in the first place? 26,000 Wal-Mart employees are now using Obama care because Wal-Mart has cut their coverage (Osterndorf). Wal-Mart employees have been found sicker than other American workers, no wonder why. Wal-Mart does not pay their workers enough to pay for the healthcare program they offer, so Wal-Mart has worked on a cheaper health insurance plan. Although, the only difference is less care, not worth the still high rates it costs to have the plan in the first
While many low-income families obtain prescription coverage through government programs and may receive relatively generous drug benefits, those who have no prescription coverage are required to pay the full retail price charged at their pharmacies. Because the cash-paying customers are
No matter what type of coverage you have, you are going to save money on your health insurance if you always opt for generic drugs. Experts agree that generic versions are identical to brand names in their effectiveness, and are typically widely
Has anyone noticed that there seems to be a drugstore being built on every corner these days? Revco, Walgreens, and Rite Aid seem to be just a few of the drug store chains that are expanding. One has to wonder if this has anything to do with the possibility of including medicine under coverage by healthcare systems. This means that they may become part of a capitated payment system to the pharmaceutical providers. "By capitation, we mean a prospective payment to physicians or providers - either individually or as a group - of a fixed amount of money to care for each patient (Pearson, 1998)." In other words, every physician is provided a set sum of money whether they see any patients or not and every pharmacy would be given money whether they prescribe any drugs or not. Drug costs will rise.
In the business of drug production over the years, there have been astronomical gains in the technology of pharmaceutical drugs. More and more drugs are being made for diseases and viruses each day, and there are many more drugs still undergoing research and testing. These "miracle" drugs are expensive, however, and many Americans cannot afford these prices.
By 2006, vaccines for Measles, Mumps and Rubella (MMR), Hepatitis A and B, Chickenpox, and Hib were created and licensed. Vaccinations for these diseases, as they were created, would be required of students enrolled in school (“Government”). Today, the most common vaccines required by
This is evident in the changing regulations insurance companies place upon what they will or will not cover from year to year, with the non-covered items list appearing to increase every fiscal year. A great number of insurances do cover vaccinations for children however and assistance is available for children who either do not have health insurance or are underinsured through the use of programs such as the Vaccines for Children program. According to vaccines.gov, “children younger than 19 years of age are eligible for VFC vaccines if they are Medicaid-eligible, American Indian or Alaska Native or have no health insurance. "Underinsured" children who have health insurance that does not cover vaccination can receive VFC vaccines through Federally Qualified Health Centers or Rural Health Centers” (vaccines.gov, accessed July 24 2016). Although there may be fees associated with the utilization of the VFC program, children are protected against denial of vaccination if their family cannot cover the monetary fee, according to the vaccines.gov website. Those who are fortunate enough to have insurance which pays for vaccinations yet still feel that the cost is too high should consider the fact that although the cost of keeping a single child
For commodity generic drugs, Teva has an opportunity to expand its core business into emerging markets, but there it will have to face institutional voids because such markets are driven by physicians and both physician and other people are not aware about the effectiveness of generic drugs. To cope with the challenge of institutional voids Teva have to look for some competent small pharmaceutical firms for acquisition and some big firms for the joint venture. For changing the perceptions of people and physicians, Teva will require to run marketing campaigns and direct approaches to physicians to develop a market for their products.
Schools, nor any other institution that will be providing education cannot refuse to give your/any child the service needed because it costs too much. The Federal Law, IDEA requires school to provide the services a child needs to gain a Free Appropriate Public Education (FAPE). Free Appropriate Public Education (FAPE) means at no cost to the parents. According to Altshuler and Kopels (2003), Advocating in Schools for Children with Disabilities: What’s New with IDEA?” States that it is mandated a variety of legal rights to have a free and appropriate public education provided in the least restrictive area/environment. For this reason parents are their children’s best advocates. Parents know their children better than anyone else. No matter the circumstances a parent sees all the flaw and potential at home that a teacher or administrator will never see.
This paper will explore my findings of my observation of a young boy, age 28 months, named Jax. Jax is fun little man and happens to be my nephew. I will discuss the attributes and characteristics of Jax that I witnessed in the few hours that I had observed him. Starting with motor development skills, I observed that Jax is a very favorable walker. He is well coordinated, and loves to run. Still, just like any two-year-old, he still stumbles frequently. He loves to play with his toys and can pick up and grasp his toys well. He is great at maneuvering his toys and putting them where he wants them. I did notice that he did favor his right hand regularly. Jax did love to throw things, and catch them as well. However, he seemed to be a bit better at catching things, more so than he was at throwing
"A Shot in the Arm for Childhood Immunization Programs." Trust for America's Health (2004): 3-18. Print. August 2004. Web. 5 Feb. 2014.
...Medicaid covers. The allergy shots will not only help my severe year round allergies, they will help to control my asthma.
Communication between an infant and its caregiver plays a very important role in a child’s language development. Language development begins at an early age, but it has to be learned. A baby’s language may not be something that we understand, but as adults we eventually learn how to distinguished what they want. As a mother of three I have learned that the more I