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Prescription Drug Pricing Policy Proposal

Prescription Drug Pricing Prescription Drug Pricing Clairesa Jackson Ford Western Governors University C159: Policy, Politics, and Global Health Trends August 7, 2020 Prescription Drug Pricing Policy Proposal A1.Public Policy Issue This is a proposal for a federal policy to propose fair and just prices for every individual who utilizes prescription drugs. Rising costs of prescription drugs have become detrimental to individuals across the United States often leaving them going without vital medications needed to improve their state of health. When patients are unable to pay for their medications, it creates a gap in care that further complicates their already complex health disparities. Overpriced prescription drugs affect all age ranges and ethnicities. Because it has become such a condition that affects so many people a federal policy change will be proposed for mandating fair and affordable prescription drugs for every individual regardless of insurance status. A1A: Issue Selection A 2018 Kaiser poll showed that 80% of Americans believe drug prices are unreasonable, and a significant majority think that Congress and the President are not doing enough about the individuals across the United States. In some cases, individuals are unable to obtain life. sustaining mediation due the unaffordability of the price. Because developing legislation for fair and just prescription drugs is a difficult and up-hill battle, there has not been a successful plan mandated across all fifty states to help alleviate the burden placed on individuals trying to obtain medications needed for the varying health disparities they face. Addressing drug prices can be a daunting task for state leaders, both because of the complexity of the issue and powerful interests Prescription Drug Pricing involved (Reed, 2018). Some of the issues to overcome with addressing overpriced prescription drugs are high and increasing prices for drugs that are old and commonly used but effective. expensive drugs that are ineffective or have cheaper alternatives, and extremely high prices for new effective treatments (Reed, 2018). This issue requires a policy change to prevent and lessen the burden imposed on individuals across the United States who try to acquire their prescriptions drugs and are unsuccessful due to the high cost A1b. Issue Relevance The relevance of this issue to the health and nurse profession are paramount because when individuals cannot afford their essential prescription medications, treatment for debilitating health disparities go untreated leading to an increase in hospital admissions further contributing to preventable and unnecessary emergency room visits. The most expensive medication is the one the patient does not take (Millonig, 2016). By not being able to afford needed medications leaves patients going without important drugs needed to treat chronic health conditions. The lack of being able to obtain vital prescription drugs also contribute to overspending on an already overburdened healthcare system. Excessive drug prices are the single biggest category of health- care overspending in the United States compared to other countries (Emanuel, 2019). All fifty states have a due diligence to mandate and approve a federal initiative to lower prescription drugs for every individual in the