Slash Drug Costs, Inc.
A nonprofit group who helps anyone for FREE, regardless of income or assets,
Get the medications they need at a cost they can afford.


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Slash   your drug costs

"Affording Your Medications Could Begin A Brand New Day"


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Major Health Crisis

The January 10, 2007 issue of the Journal of the American Medical Association reported patients who have had a heart attack and who were less than 40% compliant in taking expensive cholesterol lowering statins had a 50% greater mortality rate than those more than 80% compliant with taking their drugs.

The Dept. of Health and Human Services in September 2005 said one in five people under the age of 45 are uninsured and that the primary reason is cost.  Most working families’ have incomes that make them ineligible for virtually all Prescription Assistance Programs (PAPs).  In 2006, many PAPs stopped covering most Medicare Part D patients who can’t afford their medications.  Almost all PAPs only assist people with very low incomes and assets.

A 2006 Kaiser Family Foundation poll indicated that about half of all doctors ignore the soaring medication costs of treatment.  Among the reasons named; 53% of them said that they don’t have enough time; 51% said they don’t know how to help patients lower their out-of-pocket costs, 23% say they don’t discuss costs because they don’t think it’s their responsibility, 16% think it would be embarrassing for patients and 15% believe costs are not a concern for their patients.

A great many of the traditional resources for families to afford their medications are no longer available.  To limit costs of benefits, an ever increasing number of companies have dropped or severely limited prescription medication coverage.

A survey by the U.S. Agency for Healthcare Research and Quality showed half the people limit health care costs so much that 32 times as more money is spent on the other half.

On January 1, 2006 the Medicare Prescription Drug Improvement and Modernization Act became a fact of life for millions of Medicare citizens and their physicians.

The Journal of General Internal Medicine, published by Springer New York, in February 2007 studied the cost variations in estimated Medicare Part D prescription drug plan costs and affordability for beneficiaries living in different states.  Families in different states with low-income to zero income were studied who had chronic illnesses and multiple medications.  They found widely differing costs making it more difficult for some to afford their medications.  The costs varied from $300.00 to $1300.00 per month depending upon where they lived.

Many people say that Medicare should not negotiate drug prices even though it is the most efficient health care system in the country.  In a January 9, 2007 , “Families USA” article titled: “No Bargain: Medicare Drug Plans Deliver High Prices”, they analyzed the medication costs for the 20 drugs most frequently prescribed to seniors by the five biggest Medicare Part D insurance plans (combined these insurers serve about two-thirds of those with Part D).  Having the largest market share gives them the greatest leverage to get the best medication prices.  Comparing their prices against the Veterans Administration (the only government entity allowed to negotiate prices with drug companies) shows that the Part D drug median prices analyzed were 58% higher.

A 2006 New England Journal of Medicine article about unintended consequences of caps on Medicare drug benefits”, concluded that people reaching the Part D donut hole drastically reduced their drugs due to expense resulting in a 22.3% mortality increase.

PLEASE NOTE: You may not agree with all of these disturbing items from respected sources.  We presented a number of them so that people would have a harder time discounting the degree of the problems.  If you do not like one item... just look at the others.  The pattern is clear.



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PLEASE READ:  All information on this web site was provided by members and guests who have freely given their ideas. Do not blindly follow advice found here. Before using ANY information, ideas, or methods of saving money that you learn here; you must consult your doctor or a qualified licensed medical provider to make sure they are safe for your own health issues. You use any of the information on this website at your own risk.  Our Disclaimer carefully explains about how the information you find on this site can be safely used.  If you follow its guidelines, it can help protect you from potential problems.  It protects us if you unwisely ignore our guidelines.  Please go to our Disclaimer which is accessible by clicking on the “Disclaimer” button near the top left of this page.