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Healthy Skepticism Library item: 4826

Warning: This library includes all items relevant to health product marketing that we are aware of regardless of quality. Often we do not agree with all or part of the contents.

 

Publication type: Journal Article

Openshaw MS.
The economics of prescription drug prices, government intervention, and the importation of drugs from Canada.
Nurs Econ 2005 Nov-Dec; 23:(6):307-11,


Abstract:

Popular attention has focused on the skyrocketing health care costs in the United States and specifically on increasing insurance and prescription drug prices. Individuals and some local governments have advocated importing price-controlled prescription drugs from Canada to help ease the financial burden. What effects would this have on consumer prices, drug companies’ incentives, and the development of new medications?

Keywords:
Canada Commerce/economics Cost Control Decision Support Techniques Drug Costs/statistics & numerical data* Drug Industry/organization & administration Drug and Narcotic Control/organization & administration* Drugs, Generic/economics Government Regulation* Health Expenditures/statistics & numerical data Humans Internationality* Marketing of Health Services/organization & administration Models, Econometric Motivation National Health Programs/economics Patents Pharmacies/organization & administration Power (Psychology) Prescriptions, Drug/economics* Professional Autonomy Rate Setting and Review/organization & administration United States

 

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Far too large a section of the treatment of disease is to-day controlled by the big manufacturing pharmacists, who have enslaved us in a plausible pseudo-science...
The blind faith which some men have in medicines illustrates too often the greatest of all human capacities - the capacity for self deception...
Some one will say, Is this all your science has to tell us? Is this the outcome of decades of good clinical work, of patient study of the disease, of anxious trial in such good faith of so many drugs? Give us back the childlike trust of the fathers in antimony and in the lancet rather than this cold nihilism. Not at all! Let us accept the truth, however unpleasant it may be, and with the death rate staring us in the face, let us not be deceived with vain fancies...
we need a stern, iconoclastic spirit which leads, not to nihilism, but to an active skepticism - not the passive skepticism, born of despair, but the active skepticism born of a knowledge that recognizes its limitations and knows full well that only in this attitude of mind can true progress be made.
- William Osler 1909