Non-Adherence Due to the Economy has Potentially Devastating Implications
Friday, November 14th, 2008A recent New York Times article discusses the impact economic woes continue to have on individuals increasingly cutting back on prescriptions that they need.
According to IMS , the number of prescriptions dispensed in the first eight months of 2008 was lower than last year, the first downturn in over a decade.
The ramifications could be disastrous to a health system already facing monumental challenges in trying to stem rising costs and keep people healthy. Think about it this way:, if too many chronic condition patients stop taking medicines like cholesterol-lowering statins or anti-hypertensives for too long the result could be catastrophic leading to expensive emergency conditions, such as a strokes or heart- attacks. Catastrophic situations only serve to increase a rapidly escalating healthcare cost base.
Of course, there is a school of thought that America is over-medicated to begin with and that perhaps the prescription cuts are beneficial. In some cases, I might agree with this philosophy, but it seems like a foregone conclusion that individuals with serious conditions such as diabetes, high cholesterol, hypertension, and obesity either stretching out their medicines or not taking them altogether, will result in a truly bad and expensive outcome for that person.
There also was an interesting fact in this article regarding the spend on pharmaceutical products in total in the U.S. Pharmaceuticals only constitutes about 10% of the total healthcare spend in the country. From a financial perspective, I would say that medicines still appear be a more cost-effective way of mitigating higher medical costs, such as hospitals and physicians fees. So the challenge for our healthcare system is finding methods to reinforce that message and help consumers to make the right decisions about using their medicines as a method of preventing more serious acute health issues.