Pros And Cons Of The Orphan Drug Act Of 1983
The Orphan Drug Act of 1983 was signed for the main purpose of promoting the research, treatment, prevention and diagnosis of rare disease or condition. Here the products which are used in rare disease can be drugs, biologics and medical devices. A rare disease means any disease which affects less than 200,000 persons in the United States or one in which the manufacturer has no expectation of recovering the money from development and sales in the United States. According to this act, there are certain incentives will be provided to the manufacturers who will develop orphan drug for the rare disease and condition. Thus, this act can encourage the treatment for rare disease. The advantages of this act is that the total time for approval of
Compound 17392
691 Words | 3 PagesA new oral pharmaceutical drug for type- two diabetes had been approved for clinical use, it was called Compound 17392. Marketing companies instantly wanted to have prescribers adopt and sell the product and researchers wanted to further investigate previous reports of liver toxicity in patients. Now since paying patients to try new pharmaceutical drugs was an issue due to it appearing to interfere with clinical judgement and upholding the duty to do what is best for the patient, a new idea of furthering research for the drug came into play. The idea included recruiting a group of physicians who were in the top ten percent of prescribers for type-two diabetes. Following regulations put in place by researchers, these physicians were to enter eligible patients into the trial for Compound
Henrietta Lacks Cells Alive For Medical Industry Benefits
1326 Words | 6 PagesLacks’ Cells Alive for Medical Industry Benefits The story of Henrietta Lacks in this reading is fascinating. By using Ms. Lacks’ cells, medical science has developed many cures. By one woman contributing her cells decades ago without her knowledge, on an involuntary basis, the impact has become mind-boggling. At the same time, it is disheartening and shaming to know that Henrietta’s family was unable to pay for medical attention for her.
Effects Of The Chicago Tylenol Scandal Of 1982
1007 Words | 5 PagesIntroduction Many people have taken the world's trusted Tylenol but that trust was tested during the Chicago Tylenol Scandal. The Chicago Tylenol Scandal consisted of many deaths, thorough investigation, and skeptical customers. Till this day, the mystery is still unsolved. The unsolved Chicago Tylenol Scandal of 1982 is the world’s worst case of medicine tampering that has since changed the way products are packaged. Chicago Tylenol Scandal Victims and date.
Pros And Cons Of The Affordable Care Act
296 Words | 2 PagesSecond, also the tax of Affordable Care Act has disadvantages. According to the Congressional Budget Office(CBO) “Those increases were more than offset by a reduction of $97 billion in the projected costs for the tax credits and other subsidies for health insurance provided through the exchanges and related spending, a reduction of $20 billion in the projected costs for tax credits for small employers, and a reduction of $107 billion in deficits from the projected revenue effects of changes in taxable compensation and penalty payments and from other small changes in estimated spending.” (Congressional Budget Office, March 2012). The Affordable Care Act levied the new taxations include the health insurers, investment income, tanning salons,
Short Summary: The America Votes Act Of 2015
831 Words | 4 PagesAs it was mentioned before, this legislation was introduced to amend the America vote act of 2002. That is the main goal of this
Pros And Cons Of The Affordable Care Act
174 Words | 1 PagesThe affordable care act is a United States statue signed into law by President Obama in March of 2010. It represents the most significant improvement to the U.S. healthcare system since 1965 with the addition of Medicare and Medicaid. Also known and commonly referred to as Obamacare, it was enacted to increase the affordability and quality of health insurance, diminish the rate of the uninsured by expanding public and private insurance coverage while reducing the cost of healthcare for individuals and the government. This law will require Hospitals and doctors to reconstruct financial practices along side with technologically and clinically to advance better outcomes, reduce cost and improve methods of accessibility.
Affordable Care Act Pros And Cons
269 Words | 2 PagesThe Affordable Care Act was a health care act that was established by the federal government to expand and improves access to care and curb spending through regulations and taxes. Each state could decide to participate or not. The act was adopted as law by US Fisher02 President Barrack Obama in March 2010. The goal of this act was to reform the current health care in the United States.
Pros And Cons Of The Affordable Care Act
187 Words | 1 PagesThe Affordable Care Act, (ACA) often referred to as Obamacare, was signed into law March 23rd, 2010 and has quickly become a nightmare to millions of citizens nationwide. While there were fortunate people who benefited from the heavily subsidized and affordable healthcare that was not readily available before ACA was passed, many more people found that their once affordable healthcare was no longer an option due to new ACA requirements (how so?). ACA was designed to extend insurance benefits to roughly 30 million uninsured Americans. The Obama administration aimed to extend Medicaid and provide federal subsidies so lower and middle-class Americans could afford to buy private insurance. This act alone forced millions of Americans out of their
Affordable Care Act Pros And Cons
1444 Words | 6 PagesAnother great thing is that the “Large employers must offer coverage to full-time workers by 2015/2016” (ObamaCare: Pros and Cons of ObamaCare) This will provide a base that full time workers will have Medicare while they work. The Act doesn’t only gear towards adults but also young adults that started their full time job to have their medical bills paid for a good
The Pros And Cons Of HIPAA
1233 Words | 5 PagesHealth Insurance Portability & Accountability Act better known as HIPAA is a law that all health experts have to use. HIPAA put in place to become a standard for all medical offices. HIPAA has gone through many changes and is still going through changes today. HIPAA history, security rule, privacy rule, misinterpretation and legal penalties are all important in understanding the HIPAA laws. HIPAA was passed into law in August of 1996 under the Clinton administration.
What Are The Pros And Cons Of The Affordable Care Act
1525 Words | 7 PagesThe Affordable Care Act: Bad For Some, Great For Millions For sometime, many US citizens have not had the resources to acquire an adequate health insurance plan. Although faced by many oppositions, the US government has found a solution, The Affordable Care Act. The Affordable Care Act, also known as “Obamacare”, is a US healthcare reform law that focuses mainly on providing more Americans with access to an affordable health insurance. The Affordable Care Act is said to expand the affordability, quality, and availability of private and public health insurance through consumer protections, regulations, subsidies, taxes, insurance exchanges, and other reforms. Signed into law by President Obama in March 2010, hence the nickname “Obamacare”, the
Rachel Kinsella Case
391 Words | 2 PagesMedications are normally used to treat people that are ill, but a St. Louis mother had a much more devious reason to use it. Rachel Kinsella appeared to be taking care of her nine-year-old son, Patrick, who was born prematurely. Her son had epilepsy and hydrocephalus, but the hospital visits became more frequent and secretive. The woman took her son to St. Louis Children`s Hospital and Children`s Mercy Kansas City, getting medication from both places without telling any of the doctors, according to FOX2Now.
Malaria During The Revolutionary War Essay
635 Words | 3 PagesThe medical world has changed rapidly over the past few decades. We have solutions to diseases that weren’t even diagnosable before. Although we have tried our best to destroy illness, some diseases have been around since the beginning of time and are incurable. An example of this type of disease is Malaria. We’ve seen symptoms of malaria since The Ancient Egyptian ( around 1500 bc ) and The Ancient Greek times (around 413 B.C ).
My Reflection On Medication History
831 Words | 4 PagesMedication History Reflective Writing Pharmacy Practice II Shaymous Juhnke As a student in SDSU’s pharmacy program one of the activities required to prepare us for real world pharmacy practice is to perform a medication history. Performing a medication history and reviewing it can be helpful to in acquiring information about a patents disease states, keeping an up to date record on their current medications, and helps prevent and resolve potential and current issues with patents medications.
Porter's Five Forces Analysis Pharmaceutical Industry
720 Words | 3 PagesMany new companies to enter the market without burden of costly tasks such as research and development, clinical trials and manufacturing of drugs. Moreover, patent expiry is one of the reasons which is offering opportunities for lower cost generic manufacturer in terms of greater market access. Additionally, the government has increased their focus on healthcare cost cutting. It is creating pressure on the authority to allow early introduction of low-cost drugs in the
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