The United States healthcare system has been set in motion for years, but it is still in a continuous state of evolution. The United States has a population of about 332 million people and they are supported by one of the most elaborate healthcare systems in the world. This system was formed by the provider, pays, and patients receiving the care. The U.S. healthcare system does not provide universal care, the government publicly financed Medicare and Medicaid. Paying out-of-pocket payments and different provisions of coverage as a means of financing and providing healthcare. As of now, we are one of the few countries on the wealthier side that do not have universal healthcare. Though the U.S. healthcare system is adequate for caring for a large …show more content…
healthcare system uses pharmaceuticals as a way to treat patients and help providers. Approval is needed by the FDA before selling brands and generic pharmaceutical products in the United States. A pharmaceutical must go through a whole process to get approved. An application for a new drug (NDA) is first submitted to the FDA by its manufacturer. The goal of the NDA is to get FDA reviews and determine whether the pros outweigh the cons. If it is approved the quality and method have to be sufficient. The NDA package is delivered to CDER at the FDA to be further reviewed if the drug is genetics needs and Abbreviated New Drug Application (ANDA). That document provided the drug in dosages, strength, where to admit it, quality, its characteristics, and its intended use (U.S Healthcare System Overview). The Prescription Drug User Fee Act (PDUFA) had a major part in quickening the drug approval process by the FDA. PDUA first started due to the accumulation of new drug applications in the 1990s, it is made to help improve the FDA’s resources and ability to approve drugs within a decent time after they had been submitted. All drug manufacturers have to pay an application fee and program fees to submit an NDA to get a well-timed review by the FDA. Under PDUFA, the FDA is given 10 months to review an NDA, but ifthe FDA assigns priority review, the process is reduced to 6 months. Not all drugs are given priority review; it only happens when breakthrough treatments with no to few other options are out there. Upon the NDA, the FDA has 60 days to decide to accept or reject the document (U.S. Healthcare System Overview). Once a drug gets the approval letter the product can be marketed. Once marketed the product is reviewed and it will determine the access for individuals based on their coverage and reimbursement. Pharmaceutical payers in the United States do not regulate the price of the product, but there are pricing policies that the manufacturer uses when contracting
A doctor should always take into consideration what is best for their patients without being influenced by anyone. In Stephanie Saul’s article “Drug Makers Pay for Lunch as they Pitch” she discusses how pharmaceutical companies use free lunches as an incentive to influence Doctors to prescribe their brand drugs. Many see this situation of pharmaceutical companies purchasing meals for a Doctor’s entire office as not having any effect on the doctor’s decision to prescribe their brand. The reality is that these free lunches do influence a doctor to prescribe a certain brand drug when writing a patient’s prescription. A doctor should consider what is the best option for a patient something that is affordable and if the case is that a name brand drug is the best option it should not be influenced by the pharmaceutical company in any way.
(Parker) The US for how big and strong our country is does not have one of the best healthcare systems. Many people in
The need for improved and less expensive healthcare in the United States has attracted people to form a group advocating for a universal healthcare system. Some of the major objectives of the organization are to enhance healthcare accessibility, make healthcare more affordable through the creation of new products and services, integrate technology in healthcare delivery for easier navigation, and also improve healthcare standards for the entire American population. Despite the expected positive implications of having a universal healthcare system in the country, some people are not aware of its existence. In this regard, it is important to discuss the need for universal healthcare system in the United States and its negative aspects; this
The United States is the richest country in the world, and with that, we also have the best healthcare system. All over the country, American doctors are working hard in order to find new cure for diseases, as well as discovering new way to make treatments more effective. Trillions of dollars are spent every year in the United States in healthcare, leading to many new advancements in the medical field. Furthermore, our healthcare system continues to improves more and more everyday.
Therefore the government should regulate the pharmaceutical industry because the industry is harmful towards the economy and patients. The government can achieve this by enabling a cap on prices of specialty drugs and ensuring DCTA is not
When one thinks of the health care system, words that usually come to mind are safety, protection, quality care and the like. We live in a very progressive, very industrialized country as Americans. We have made many technological advances in our sciences. In other words, we are a developed country that provides many opportunities to those who reside here. The foundation of our country is based off of equality, fairness, and justice.
Universal Healthcare Insurance; America’s Choice Today it is a common debate amongst Americans on Universal Healthcare. Universal Healthcare is also referred to as Universal Healthcare Coverage, or, Universal Healthcare Insurance. Universal Healthcare Insurance is a system which provides healthcare and financial protection to all citizens of a particular country. It is believe that Universal Healthcare Insurance will hurt the American economy. Universal Healthcare Insurance will be good for the American economy because there will be a one payer source system, we can get rid of insurance claims submission, high deductibles, claim approval, denials, and providers will be able to make a more concrete diagnosis.
Why deny people care for their health? Overall the universal healthcare system would benefit the citizens of the United
The United States is the only Western nation that does not authorize free health services to its people. The cost of healthcare to the uninsured is beyond prohibitive, and insurance plans are far more captivated with profit costs, rather
This shows a difference between the healthcare wait times in America and in a country with a Universal healthcare system. Another fact to note is that this wait is not due to the number of available physicians. The website Health System Tracker shows that the United States has fewer physicians per capita than other comparable countries that have universal healthcare such
In 1938, there were some toxic elixirs that where marketed and one hundred and seven people were killed including children. This occurrence birthed the FDA known today as the Food and Drug Administration. The FDA is a federally mandated and governed to protect public health. The qualifications of the FDA goes further than just elixirs. All food production, drug manufacturing, cosmetics, pathogens, and also inspections are regulated by the FDA to provide safe and proper products to the American people.
The United States spends the most money on healthcare than any other country, however the healthcare related results are almost non-existent. Growing healthcare costs continues to surpass the growth of the United States economy, and has been reliably doing so since the 1970’s. The results of the continuous rising healthcare costs jeopardize the economic well being of millions of individuals, families and businesses. Before the implementation of Affordable Care Act, forty million Americans were estimated to be uninsured. The strategic aim of universal health coverage is to ensure that everyone can use the health services they need without risk of financial ruin or impoverishment, no matter what their socio-economic situation.
Universal Health Care Could Have Saved More Than 330,000 U.S. Lives during COVID states that the U.S. also could have saved $105.6 billion in health-care costs associated with hospitalizations from the disease—on top of the estimated $438 billion that could be saved in a non pandemic year. In recent years COVID has cost the US billions of dollars in healthcare services. This could have been prevented if the US had universal healthcare services. If people in the US had free rights to medical services, they could receive the simple treatments that would prevent diseases like COVID in the future. Once sicknesses and diseases get more intense the medical services that are needed cost more money.
Health care should not be considered a political argument in America; it is a matter of basic human rights. Something that many people seem to forget is that the US is the only industrialized western nation that lacks a universal health care system. The National Health Care Disparities Report, as well as author and health care worker Nicholas Conley and Physicians for a National Health Program (PNHP), strongly suggest that the US needs a universal health care system. The most secure solution for many problems in America, such as wasted spending on a flawed non-universal health care system and 46.8 million Americans being uninsured, is to organize a national health care program in the US that covers all citizens for medical necessities.
PORTERS FIVE FORCES ANALYSIS - PHARMA INDUSTRY Using Porter's Five Forces we can analyse the scope of the pharmaceutical industry. It looks into five factors namely, competitive rivalry, threat of new entrants, threat of substitute products, bargaining power of suppliers and bargaining power of customers. " Competitive rivalry: The pharmaceutical industry is highly fragmented with almost 3,000 pharma companies and 10,500 manufacturing units. Due to increasing demand of high-quality drugs, low-to-moderate entry barrier to the new entrant, the presence of a number of large and small firm this market is highly competitive.