EpiPen Pricing
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EpiPen Pricing is an issue that affects millions of people worldwide. With a price increase of 150%, many patients are suffering because they cannot afford the drug. This issue is a complex problem that can be solved easily. In this paper, I’ll discuss how the price hike can be addressed by the pharmaceutical companies themselves and various governmental interventions. Background EpiPen is a lifesaving medication that is used to treat severe allergic reactions. It is a prescription drug that requires
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The Epinephrine auto-injector EpiPen has become one of the most sought-after emergency medications by those who suffer from severe allergies. An allergic reaction can be deadly and cause airway obstruction and cardiac arrest. EpiPen is a highly effective medication, given when an allergic reaction occurs, that immediately neutralizes the symptoms of a life-threatening allergic reaction. The price of EpiPen depends on various factors such as the number of injections, the
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One of the most pressing medical issues today is the cost of medication in the US. EpiPen, a prescription epinephrine auto-injector, is no exception. The medication is considered life-saving and costs the average family of four an average of $20,000 a year, which is roughly equivalent to the total health care bill for each child and their families. The current price of EpiPen is an enormous hurdle for individuals and families, many of whom have little to no insurance coverage for this
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I am an expert case study writer, My first book “Crisis in Health Care – A Brief Look” published on November 17, 2021. And I have another book “EpiPen Pricing” in the works. Here’s my recent case study on EpiPen Pricing. EpiPen Pricing – Conversation with my friend, a pediatrician, in 2019 when I was studying EpiPen. The conversation went on for two hours, which made me think.
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EpiPen pricing has come under scrutiny from healthcare experts after the cost of the medication soared by 46% since it was approved by the Food and Drug Administration. The price increase was largely due to a provision allowing the manufacturer, Mylan Pharmaceuticals Inc., to increase its payments to insurers by 5.5% annually. “It’s a very clear case of a government-granted monopoly resulting in an unjustified, high, and growing price hike,”
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EpiPen’s (a brand of epinephrine auto-injectors) costs can vary, depending on factors such as the country, the size of the country, the pricing authority, and competition within the market. dig this For example, the US prices are higher than European pricing, and it is cheaper in Asia, Australia, and Latin America. The price varies from $130 to $265, and the most popular model, the 0.35mL/1:1000 units (a/unit) cartridge official website