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Policy
Modification.
Class
Institution
Affiliation
Drug pricing policy is a current health
issue that has gained attention in the United States health sector. According
to the Center for Disease Control, drug price made a drastic shift in the year
2013 increasing in more than eightfold making more than 72 percent of the
Americans to feel that the drug prices are too high. High prices of the drug in America has been
witnessed due to government protection of the monopoly that prohibits active
competition.
This policy is relevant to me and the rest
of population as it stipulates the cost of accessing the health service. Most
of the American low-income earners will benefit if this policy is amended to
enable them to access prescribed drugs at an affordable price. Increased price
control should assure the citizens that Medicaid, Medicare, and other public
health programs use an array to evaluate the cost and benefit of new drugs
entering the market (Longest, 2015).
Drug policy should be changed to allow the government to retain the drug patents. The pharmaceutical industry depends on the United States government to conduct the biomedical research for the initial...