AEI observed two thirds of the $ 21.8 billion spent by Medicaid on drugs last year as The Hill . Research by AEI found that Medicaid could save $ 271 million by using generic instead of brand name drugs for only 20 prescription drugs. They also found that, of that $ 271 million, only 2 drugs made for $ 95 million in spending.
Ralph Neas, head of the National Coalition on Health Care, said: "The rise in pharmaceutical costs, the aging population and the increased use of expensive specialty drugs containing makes spending a priority of the emergency health system closely related to drug linked to the expansion of access to care and improving quality. "
Unfortunately, the reform of health care has did little to control rising costs of the health care industry and efforts to import drugs from Canada were crushed in the debate on health care.
Instead, the reform of health care focused on the insurance industry without looking at disease of the reasons the cost of insurance increases health. There are many factors behind health insurance rates and payment requirements brands is just one of them.
Many health insurance companies offer better costs for generic drugs because they are much more affordable. Still many brand name drugs have patents that protect them for years. Until these patents are dry, the cost of branded drugs will remain high for the government, health insurance companies and the Americans.
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