cancer drugs cost

The Cost of Living with Chronic Illness

Sep 26, 2019

The advances of medical science have been nothing short of remarkable over the last few decades. Illnesses such as cancer, heart disease and diabetes have become chronic illnesses. Proper ongoing medication and regular physician interaction have resulted in longer and healthier lives. Yet, the emotional and psychological costs of living with these disease states are just beginning to be understood in healthcare. As the grandfather of two type-I diabetics, I have watched first-hand how the disease is an ever present factor in their lives - 7/24/365. There is no escaping the constant reminder that their lives differ from that of...

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Filed Under: cancer drugs cost, changes in healthcare, high-cost drugs, Insider, medical access

The Drug Waste Problem: Cancer & Specialty Drugs

Jul 12, 2019

The pharmaceutical side of oncology and other specialty drugs is a multi-billion dollar business. This is one of the highest cost segments of pharmaceuticals to patients and insurance companies, and it is one of the highest profit areas for the pharmaceutical companies. In 2016, specialty drugs made up 40% of the $450 billion pharmaceutical market, which translates into $180 billion. This staggering amount of money is bad enough in itself, but what if I told you that some of those medications that make up that $180 billion was being wasted in hospitals and other healthcare centers every single day? How Can...

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Filed Under: cancer drugs cost, cancer treatments, elder care, Health Management, high-cost drugs, medications, overmedication, polypharmacy, Specialty Drugs, understanding insurance

The High Cost of Cancer Drugs

Jul 5, 2019

Cancer strikes fear in the heart of anyone, no matter what their age. How cancer treatments affect your body can be scary, but it can also have huge financial ramifications for you and your family as well. The treatments given to combat cancer have increased the life expectancy and outcomes for many patients, but this increase comes at a cost many find difficult to bear.  The Financial Cost of Treatment Cancer drugs are continually being released and the prices are continually going up. Between 2009 and 2014, the cancer drugs that were launched were priced at $100,000 or more per patient for...

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Filed Under: cancer drugs cost, cancer treatments, high-cost drugs, insurance coverage, lower medical bills, medications, overmedication, Specialty Drugs