May 21, 2024

Eps 18 and 19 US Drug Costs are Insane

As I researched for this two part episode, I was not too surprised to be reminded of how expensive medications in the US are for patients, but I was surprised by how much variance there is in cost from one person to the next, one plan to the next, etc.

In episode 1, I explained how we got to where we are today with such a screwed up, expensive, opaque Pharma system. The rise of PBMs, pharmacy benefit managers, in particular is worrisome and troubling. We all have to face the fact that today's healthcare system is a business, and that we are consumers, but that doesn't mean that we have to stand by quietly as more and more middlemen join the party to drive our cost up.

In episode 2 I knew we'd all need at least a little good news, so I did a deep dive on ways to save on your meds at the register. There are all sorts of companies that have popped up to help, mostly for-profit, but a couple of non-profits as well. There are coupons to be found, deals to be had, and savings clubs to join. Am I giving you work to do? Yes, because you work hard for your money and shouldn't give it away needlessly.

Related Episode

18
May 7, 2024

Ep 18. US Drug Costs are Insane, Part 1

Date: 5/07/24 Name of podcast: Dr. Patient Episode title and number: 18 US Drug Costs Are Insane, Part 1 Episode summary: Wow, drug costs in the US have skyrocket in recent years. The popularity of Ozempic and other weight loss drugs have really brought this issue into the light lately. Why do our drugs cost so much more than the same medications sold in other countries? How is the system set up? Who sets the list price? Hear answers to all these questions and more in this episode, part 1 of a ...